Amazon earnings recap: Stock plunges as capex-spending plans blow away estimates

Amazon reported Q4 results on Thursday, with sales coming in ahead of estimates. But shares dropped as capex guidance surged ...

Amazon to reduce workforce by 16,000, company says in email to staff

Amazon has been "working to strengthen our organization by reducing layers." ...

Amazon cloud unit beats on revenue and profit as parent company ramps up AI spending

Amazon Web Services generated $35.58 billion in revenue, according to a statement. Analysts polled by StreetAccount had expected $34.93 billion. AWS represented about 17% of Amazon's total revenue for ...

Amazon: Stock to Avoid or Once-in-a-Decade Buying Opportunity?

Amazon is playing a key role in the AI boom.

Amazon slashes another 16,000 jobs

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling ...

Amazon execs say layoffs are part of turning the company into the 'world's largest startup,' internal memos show

Amazon announced 16,000 corporate layoffs on Wednesday. Executives say it aims to transform into the 'world's largest startup ...
CNBC

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 ...
FOX 4 News Dallas-Fort Worth

Amazon cuts 16,000 jobs across company in latest round of layoffs

Amazon's latest round of job cuts follow last year's layoffs of thousands of employees. Here's what you need to know.
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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 ...