Amazon moves to cut costs, triggering fears of fewer promotions, Bloomberg says
CEO Andy Jassy’s campaign to flatten Amazon’s middle management is raising fears among staff of lean years and fewer promotions, as old career ...
Bloomberg Daybreak Asia: Amazon Earnings, US Jobs Data
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never ...
Amazon to Face Legal Action After Laying Off 1,900 in Quebec
Amazon.com Inc.’s decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than ...
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Amazon Cuts Dozens of Corporate Jobs in Latest Round of Layoffs
Amazon.com Inc. is laying off dozens of people in its communications department, the latest culling of the corporate workforce amid executives’ efforts to cut costs and reduce bureaucracy ...
Stocks Up Before Jobs as Amazon Hit in Late Hours: Markets Wrap
Asian equities advanced Thursday after stocks and bonds rose on Wall Street in a week marred by tariffs, lackluster tech ...
Price Tag for Amazon’s Mississippi Data Centers Jump 60% to $16 Billion
Amazon.com Inc. is expected to spend 60% more than previously announced on a massive data center project in Mississippi, ...
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
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Whole Foods Chief Gets Oversight of Amazon’s Entire Grocery Unit
(Bloomberg) -- Amazon.com Inc.’s Whole Foods Market chief has been tapped to run the retail giant’s entire grocery business. Jason Buechel will become the vice president of worldwide grocery ...