Amazon surpasses Walmart
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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 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.
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.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 ...
In a slow-motion race of two retail behemoths, Amazon's trump card was its lucrative cloud-computing business.
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Amazon quietly kills off its futuristic Blue Jay Robotics project
Amazon shut down its Blue Jay robotics project in January 2026, just months after the company began testing the ceiling-mounted, multi-arm warehouse robot in a South Carolina fulfillment center. Staff were reassigned and the company is now shifting toward a different modular system called Orbital,
Amazon is spending $200 billion on AI data centers this year, and this company could receive a good chunk of it.