Amazon to cut 16,000 corporate jobs
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Amazon to close US Go and Fresh stores
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Amazon.com Inc. announced plans to terminate about 16,000 corporate employees, ratcheting up efforts to streamline bureaucracy amid rising competition over artificial intelligence.
Amazon.com Inc.’s first US dollar bond offering in three years has drawn about $80 billion of orders, underscoring investors’ seemingly endless appetite for technology debt as companies race to fund artificial-intelligence infrastructure. The company ...
Sept 2 (Reuters) - Amazon.com (AMZN.O), opens new tab must face a class action on behalf of hundreds of millions of U.S. consumers over claims that the online retail giant overcharged for products sold by third-party sellers, a federal judge in Seattle has ...
Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and expands the adoption of artificial intelligence tools.
United Parcel Service announced plans Tuesday to eliminate 30,000 jobs in 2026 as it continues to untangle its partnership with Amazon, signaling another year of deep cuts as it attempts to turn around its business.