Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the ecommerce company in three months. The tech giant has said it plans to use generative artificial intelligence ...

Amazon (AMZN) eliminated 30,000 corporate roles in 120 days. Leadership explicitly framed cuts as AI-driven automation. Amazon’s Q3 net income rose 36.4% to $21.19B even as capital expenditures ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Amazon is calling it quits on its Fresh grocery and Amazon ...

UPS announced it will eliminate an additional 30,000 operational jobs as it winds down its partnership with Amazon. The cuts come after the company eliminated 48,000 jobs in 2025. The eliminations are ...

Big Tech continues to wrestle with mass layoffs, most recently with Amazon’s announcement to slash 16,000 jobs. It’s a trend that started long before the AI race: organizational change brought by the ...

Amazon said it is discontinuing Amazon One. The technology enables users to use their palms for actions such as payments and venue check-ins. This comes after the company said it will close all its ...

Amazon earnings are in, and it's not looking good for the stock. Investors were focused on the company's capex-spending forecast of $200 billion for the year, which came in well above the average ...

United Parcel Service announced Tuesday about 30,000 job cuts this year as the company winds down its partnership with Amazon as part of an intense cost-cutting agenda — and after cutting tens of ...

Amazon's scheduled earnings report next Thursday was preceded by a week of controversy. The company initiated another round of mass layoffs impacting about 16,000 corporate workers, after eliminating ...

Amazon is closing 72 of its Amazon Fresh and Amazon Go stores, converting some into Whole Foods Markets. Amazon announced on Tuesday, Jan. 27, that it will close 57 Amazon Fresh and 15 Amazon Go ...

Amazon layoffs part of broader tech industry restructuring Layoffs affect nearly 10% of Amazon's corporate workforce Amazon mistakenly sent email early, unsettling AWS staff Jan 28 (Reuters) - Amazon ...