Amazon revenue beat driven by online shopping demand, cloud unit - National
Amazon.com Inc's first-quarter revenue beat estimates on Thursday, helped by resilient demand for online shopping and cloud services businesses.
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Amazon.com Inc's first-quarter revenue beat estimates on Thursday, helped by resilient demand for online shopping and cloud services businesses.
Amazon Web Services employees in the US, Canada and Costa Rica whose jobs were being eliminated were notified early Wednesday
Whole Foods, which is owned by Amazon, is laying off hundreds of corporate employees in anticipation of a recession hurting its business later this year.
The exact number of employee terminations is still undisclosed, but it correlates with the 9,000 workforce reduction that CEO Jassy declared in March.
Amazon announced 9,000 job cuts in the last round of layoffs earlier this year, bringing the total number of people who were handed a pink slip to 27,000