Amazon announced on Wednesday that it would cut a larger than expected 18,000 jobs, the most in company history. Read More...
The cuts focused on the company’s corporate staff exceed an earlier projection and represent about 5% of the company’s corporate workforce. Read More...
Futures fell overnight. Stocks rose Wednesday despite a Microsoft sell-off. Be wary of buying stocks on the first "blip" of strength. Read More...
‘Difficult’ reductions will hit ecommerce company’s online stores business, chief executive Andy Jassy says Read More...
Data from 235 million Twitter accounts has been leaked and posted on an online hackers forum, free for anyone to download, according to reports late Wednesday...
A private gauge of China's service-sector activity improved in December but stayed in contraction territory, as COVID-19 infections swept the country after an...
Amazon will eliminate “just over 18,000 roles” at the company, CEO Andy Jassy wrote in a memo to staffers Wednesday, well more than previously expected by the...
The Wall Street Journal: Amazon confirms more than 18,000 layoffs, far more than originally expected
Amazon.com Inc.’s layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the...
When it comes to popular intellectual property, Amazon's streaming service, Prime Video, has really been coming up in the world. Meanwhile Netflix had a hit in...
(Bloomberg) -- Amazon.com Inc. is laying off more than 18,000 employees — a significantly bigger number than previously planned — in the latest sign that a...
