Amazon stocks soar following major layoffs, profits climb to $3.2B
Amazon on Thursday reported a continuing slowdown in its cloud computing unit AWS, but stronger-than-expected revenue and profits for the first quarter sent its stocks higher in after-hours trading.
Amazon axes 'Halo' fitness program: How to get a refund
Amazon said the Halo devices and app will no longer work after August 1.
Amazon axes ‘Halo’ fitness devices in cost-cutting move
Amazon is winding down its health-focused Halo devices and membership as the tech giant continues to cut costs.
Amazon Prime’s new ‘dialogue boost’ makes it easier to hear what’s being said on your TV
Ever wish you could turn up the TV – but only turn up the volume of what people are saying?
Amazon CEO Andy Jassy says AI will be a 'big deal' for company
Amazon CEO Andy Jassy signaled confidence that the company will get costs under control in his annual shareholder letter, where he also noted the tech giant was “spending heavily" on AI tools that have gained popularity in recent months.
Amazon worker injuries dip last year, but higher than 2020
Amazon’s total injury rate for warehouse workers took a dip last year, but injuries were still worse than they were in 2020, according to an analysis released Wednesday by a coalition of labor unions.
Whole Foods to shut flagship store in San Francisco due to employee safety concerns
Whole Foods is closing their flagship San Francisco store on Monday at the end of business hours.
Amazon reportedly considering purchase of AMC Entertainment
Amazon's reported interest in AMC is preliminary, and no offers have been made to acquire the distressed movie theater chain.
Amazon driver seen delivering package during reported armed police standoff
In a statement, Amazon said it prioritizes the safety of its drivers and was “looking into the specific circumstances” of the now-viral TikTok video.
Amazon to cut 9,000 more jobs amid 'uncertain economy'
Amazon announced Monday that it plans to cut an additional 9,000 roles within the next few weeks amid the uncertain economic environment.
Amazon Go stores to close in cities coast to coast
Amazon is permanently closing some Amazon Go stores in Seattle, San Francisco and New York City, April 1, but new stores are opening as well.
Amazon delays construction on second phase of HQ2 in Arlington
Amazon is pausing construction of its second headquarters in Arlington, Virginia following the biggest round of layoffs in the company’s history and shifting landscape of remote work.
Amazon donates over 1,400 cases of water to residents of East Palestine, Ohio
More than 30 Amazon employees from its Pittsburgh and Cleveland sites volunteered to help bring water in the aftermath of the Ohio train derailment.
Amazon asks corporate staff to be in offices 3 days a week
Amazon will require its corporate employees to return to the office at least three days a week.
Amazon unit Zoox tests robotaxi on California city's streets
Zoox, a self-driving vehicle company owned by Amazon, says it has successfully carried passengers on public roads — a development that helps the California company inch closer to bringing the vehicle to the general public.
Amazon reports $2.7 billion loss for 2022
Amazon on Thursday reported worse-than-expected profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth.
Amazon launches subscription prescription drug service
Amazon says RxPass is a subscription service for customers who have Prime memberships. Consumers will pay $5 a month to fill as many prescriptions as they need from a list of 50 generic medications.
Amazon shutting down AmazonSmile charity program amid wider cost-cutting moves
The program will end on February 20, and it allowed Amazon to donate a small percentage of eligible purchases to a charity selected by customers.
Amazon begins cutting 18,000 workers in its biggest layoffs ever
Amazon's layoffs are just a fraction of its 1.5M global workforce.
Amazon, Salesforce jettison jobs in latest tech worker purge
E-commerce giant Amazon and business software maker Salesforce are the latest U.S. technology companies to announce major job cuts as they prune payrolls that rapidly expanded during the pandemic lockdown.