Amazon Overtakes Walmart
Digest more
Amazon is laying off 14,000 corporate employees. The company said it's cutting roles to help make the company leaner and less bureaucratic, while it looks to invest in generative artificial intelligence. The layoffs are expected to ultimately be the ...
Amazon will double down on the Whole Foods brand, killing two of its own physical retail experiments in the process. The online retail giant said Tuesday that it will close all of its Amazon Go convenience stores and Amazon Fresh brick-and-mortar grocery ...
Amazon CEO Andy Jassy has been pushing to reduce bureaucracy across the company. (GeekWire Photo / Todd Bishop) Amazon confirmed Tuesday that it is cutting about 14,000 corporate jobs, citing a need to reduce bureaucracy and become more efficient in the ...
Amazon.com is facing a new labor challenge, this time from small-business owners who run the company’s package-delivery network. A group calling itself DSPs for Equitable and Fair Treatment, or Deft, went public on Black Friday, saying its goal is to ...
Amazon is pushing deeper into the grocery aisle with the launch of Amazon Grocery, a food brand that keeps most prices under $5. The idea of buying much of anything for $5 seems like a distant memory for most shoppers these days, as President Trump’s ...
Amazon is laying off another 16,000 corporate employees globally, the company confirmed Wednesday morning, the second phase in a restructuring that now totals 30,000 positions — adding up to the largest workforce reduction in the company’s history.
The company reported that its cloud-computing growth has been slower than rivals.
SEATTLE — Even as Amazon reports record earnings, the company is eliminating thousands of positions. Wednesday, the company announced it was laying off 16,000 corporate employees to streamline operations and free up money for investments into artificial ...
Amazon's stock popped more than 13% on Thursday afternoon after the company reported huge growth in the third quarter, including in its cloud business, Amazon Web Services. CEO Andy Jassy said AWS was "growing at a pace we haven't seen since 2022.
Amazon said Tuesday that it plans to cut 14,000 corporate jobs, its biggest round of layoffs in years, as it invests more in artificial intelligence. In Amazon’s announcement, top human resources executive Beth Galetti cited AI, which she said is the ...
Amazon.com Inc. has officially dethroned Walmart Inc. as the biggest global company by revenue, a milestone attesting to the massive scale the e-commerce and cloud-computing giant has achieved
Ring is ending its planned tie-up with police surveillance company Flock Safety after critics raise fresh worries about neighborhood camera networks.