Are Other Retailers Stealing Amazon’s Prime Day Thunder?
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July 14, 2023
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Amazon Prime Day numbers are officially in, and while the mega sale did gross USD $12.7 billion online in the United States... Read More
Amazon CEO Outlines Expansion Plans In Grocery, Health, Satellite Internet, AI
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April 14, 2023
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Amazon CEO Andy Jassy has outlined his vision for the company in a new shareholder letter, with a pledge to continue expanding... Read More
Amazon Cuts Another 9,000 Jobs, Disney To Cut 4,000
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March 21, 2023
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Amazon plans to cut another 9,000 jobs, making that 27,000 roles the online retail giant has eliminated this year. This latest round... Read More
Amazon Shares Tumble After Posting $3.8B Loss
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February 3, 2023
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Shares of Amazon are down more than 4 per cent in after-hours trading, after the company posted a full-year net loss, weaker-than-expected... Read More
Amazon’s Lax Hiring Policy To Blame For Mass Firings
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January 13, 2023
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Amazon reportedly dropped its hiring standards and fast-tracked the recruitment process for thousands of employees, a lack of quality control that has... Read More
Amazon Axes 18,000 Workers In Mass Cull
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January 5, 2023
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Amazon’s CEO has confirmed roughly 18,000 employees will be culled in the company’s biggest ever round of layoffs. Teams working on hardware... Read More
Amazon Still Betting Big On Alexa, Despite Staff Cull
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December 15, 2022
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When Amazon was forced to cull over 10,000 staffers, they hit the Devices and Services group first. Despite this, the company’s devices... Read More
“No Silver Bullet” To Lower Injury Rate: Amazon CEO
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April 19, 2022
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Amazon CEO Andy Jassy has pledged to lower injury rates among its warehouse and delivery workers, outlining the company’s plans in his... Read More
Amazon Stock Jumps To All-Time High As Bezos Steps Down
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July 7, 2021
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Amazon stock jumped to an all-time high as Jeff Bezos handed over the company to new CEO Andy Jassy. The stock peaked... Read More
Amazon Grants Jassy Huge Share Cache
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July 5, 2021
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Amazon has granted incoming CEO, Andy Jassy, 61,000 shares of stock worth around US$200 million. Jassy will replace Jeff Bezos as the... Read More