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Amazon Overtakes Walmart

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Top News
Overview
 · 20h
Amazon dethrones Walmart as the world's biggest company by sales
In a slow-motion race of two behemoths, Amazon has officially displaced Walmart as the world's biggest company by sales.

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 · 4h
Amazon Overtakes Walmart as Biggest U.S. Company
 · 22h
Amazon overtakes Walmart to lead the world in sales
 · 1d
Walmart sales boosted by wealthy online shoppers
Walmart posted a strong increase in sales fuelled by its ecommerce business that is gaining a bigger share of spending from higher-income US households.

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 · 10h
Amazon Is Now America’s Biggest Company. Its 17-Year Journey to Surpass Walmart.
 · 53m
Amazon surpasses Walmart as world’s top company in sales
CNBC
3mon

Amazon laying off about 14,000 corporate workers as it invests more in AI

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 ...
Fast Company
24d

Why Amazon is killing Amazon Go and Amazon Fresh

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 ...
GeekWire
3mon

Amazon confirms 14,000 corporate job cuts, says push for ‘efficiency gains’ will continue into 2026

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 ...
Hosted on MSN
2mon

Amazon delivery company owners organize to seek higher pay

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 ...
Fast Company
4mon

Amazon debuts new grocery brand with nearly everything under $5

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 ...
GeekWire
23d

Amazon confirms 16,000 more corporate job cuts, bringing total to 30,000 since October

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.
13don MSN

Amazon shares sink as company boosts AI spending by nearly 60%

The company reported that its cloud-computing growth has been slower than rivals.
KING5
22d

Amazon announces 16,000 layoffs as business booms

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 ...
Business Insider
3mon

Amazon Q3 earnings recap: 20% AWS cloud sales growth and earnings beat drive stock surge

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.
NBC News
3mon

Amazon to lay off 14,000 corporate employees

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 ...
12h

Amazon dethrones Walmart as world’s biggest company by sales

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
6d

Amazon scraps partnership with surveillance company after Super Bowl ad backlash

Ring is ending its planned tie-up with police surveillance company Flock Safety after critics raise fresh worries about neighborhood camera networks.
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