E-commerce giant Amazon has confirmed 16,000 job cuts worldwide over the next three months amid its restructuring and expansion plans in artificial intelligence (AI). Amazon will provide US-based ...
Amazon is shutting down all 72 of its Amazon-branded grocery stores, including Amazon Fresh and Amazon Go. According to the company, it will convert some of those locations into Whole Foods ...
Analysts and AWS watchers agree that the roughly 15,000 cuts are caused by ‘culture’, but there is disagreement about what that actually means. As the market slows down, AWS and other Amazon units are ...
SAN FRANCISCO, Jan 27 (Reuters) - Amazon (AMZN) on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a ...
Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" in its cloud unit, according to an email viewed by CNBC. The company ...
Many Amazon shoppers are seeing a new button at checkout: Buy Now, Pay Later. It sounds like a great deal: buy something today, have it shipped tomorrow, and pay it off over time. But experts warn ...
Amazon said it's cutting about 16,000 corporate roles as part of a broader move to cut bureaucracy. The company previously cut 14,000 jobs in October, citing cultural and efficiency shifts. CEO Andy ...
The tech giant is spending $35 million to promote its film about the first lady, far more than is typical for documentaries. By Nicole Sperling and Brooks Barnes Reporting from Los Angeles The film’s ...
Amazon CEO Andy Jassy said President Trump's tariffs have started to "creep" into the price of some items. Sellers tried to absorb the shock of the tariffs by buying stock ahead of time, but much of ...
The company will offer US-based employees 90 days to search for a new role internally, as well as severance and other transition support, Beth Galetti, the senior vice president of people experience ...
CNBC host Jim Cramer is doubling down on Amazon.com Inc. (NASDAQ: AMZN) stock, issuing a succinct “Buy” rating just days after reports emerged that the tech giant is preparing to slash thousands more ...
Add articles to your saved list and come back to them anytime. Amazon has made its first foray into fresh produce deliveries after striking a partnership with premium grocery chain Harris Farm, ...