Macroeconomic headwinds couldnât dampen the enthusiasm for the latest developments in disruptive technology at CES 2023...
Continue ReadingAmazon appears to be over-shooting capacity in its AWS business. Read why it could be creating conditions for less-than-optimal business performance...
Continue ReadingAmazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff seen by Reuters...
Continue ReadingAmazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to staff seen by Reuters. Amazon.com Chief Executive Andy Jassy said earlier this month the cuts, about 6% of the company's roughly 300,000 corporate employees, would mostly impact the e-commerce and human resources divisions...
Continue ReadingIt was a fairly eventful Hump Day for Amazon (NASDAQ: AMZN), and by the end of it the company's stock price had slumped by 0.6%. On one hand, investors were cheered by news that the giant retailer is making good on its promise to save costs -- albeit in the form of job cuts. Reuters reported Wednesday morning that Amazon will enact job cuts to its workforce in the U.S., Canada, and Costa Rica by the end of the day...
Continue ReadingIn the latest trading session, Amazon (AMZN) closed at $95.46, marking a -0.61% move from the previous day...
Continue ReadingA new wave of layoffs hit Amazon employees on Wednesday as the company looks to cut costs amid declining retail sales growth...
Continue ReadingThe U.S. Department of Labor’s Occupational Safety and Health Administration said it cited Amazon after inspections at facilities in Florida, Illinois and New York...
Continue ReadingA U.S. government agency on Wednesday issued citations against Amazon.com Inc for failing to keep warehouse workers safe, by exposing them to ergonomic hazards that resulted in serious injuries...
Continue ReadingThe Google stock has been an underperformer relative to its FAANG peers in 2022. Click here to read my analysis of GOOG stock...
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