Amazon Stock

• Amazon laying off several hundred employees in Prime Video, Studios divisions

  Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal note on Wednesday.

  Money

  Jan 10
  
• Amazon selects Alberta to build 1st Canadian wind farm project

  Amazon said it will partner with developer Copenhagen Infrastructure Partners on a 495-megawatt capacity wind farm to be built in Vulcan County in southern Alberta.

  Environment

  Nov 16, 2023
  
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• Amazon revenue beat driven by online shopping demand, cloud unit

  Amazon.com Inc's first-quarter revenue beat estimates on Thursday, helped by resilient demand for online shopping and cloud services businesses.

  Money

  Apr 27, 2023
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• Amazon slashing 9,000 jobs in second round of layoffs

  Amazon CEO Andy Jassy said the company had added substantial amount of staff in the past few years, but the uncertain economy has forced it to choose cost and headcount cuts.

  Tech

  Mar 20, 2023
• Amazon reports better-than-expected revenue in Q4, but profits fall short

  Amazon said it made US$300 million in profits, or 3 cents per share, falling below the US$2.03 billion analysts had been expecting.

  Economy

  Feb 2, 2023
• More Amazon layoffs are coming in 2023, CEO says

  Amazon.com Inc said on Thursday there would be more role reductions as its annual planning process extends into next year and leaders continue to make adjustments.

  Tech

  Nov 18, 2022
• Amazon is planning to lay off around 10K employees starting this week: source

  The cuts, earlier reported by the New York Times, would represent about three per cent of Amazon's corporate staff.

  Tech

  Nov 14, 2022
• Russia fines Amazon for 1st time over banned content in country

  Interfax news agency reported that Amazon's fines concerned content about the distribution of drugs and information about how to commit suicide.

  World

  Oct 18, 2022
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• Jeff Bezos blasts Joe Biden on inflation, White House fires back

  Jeff Bezos has been accusing U.S. President Joe Biden of misleading the public on inflation by arguing that hiking taxes on corporations and the rich would lower consumer costs.

  Money

  May 16, 2022
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• Amazon not adding crypto as payment option anytime soon, CEO says

  Amazon CEO Andy Jassy also said it might be possible to sell non-fungible tokens (NFTs) on its e-commerce platform and expects NFTs to continue to grow "significantly."

  Money

  Apr 14, 2022