The layoffs will focus on human resources and its retail division, Amazon’s chief executive said in an email to employees.
Category: Jassy, Andrew R
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Amazon Expands Corporate Layoffs to 18,000 Jobs
The New York Times – Business: -
Amazon Agrees to Change Some Business Practices in EU Settlement
The New York Times – Business:The e-commerce giant avoided a fine, but will make a variety of changes regulators believe will help independent merchants who had raised alarms about Amazon’s tactics.
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At the DealBook Summit, Untangling the Now — and the Future
The New York Times – Business:In challenging times, choosing the direction of a company can be a lot like shifting pieces of a puzzle — with sometimes staggering consequences.
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Andy Jassy Declines to Say If Amazon Will Add Disclaimer To Antisemitic Film
The New York Times – Business:He said the company has a panel that reviews content that might be objectionable, but that cases were not always “straightforward.”
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Here are the Top Questions for Today’s DealBook Summit Speakers
The New York Times – Business:Andrew will interview Janet Yellen, Volodymyr Zelensky, Mark Zuckerberg, Andy Jassy, Ben Affleck and many more.
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Amazon Is Said to Plan to Lay Off Approximately 10,000 Employees
The New York Times – Business:The job cuts of approximately 10,000, which would start as soon as this week, would focus on the company’s devices organization, retail division and human resources.
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Investors Await the Fed’s Next Move
The New York Times – Business:Markets expect another big interest rate increase on Wednesday. But investors are also anxious about the central bank’s coming moves.
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Amazon Earnings: Return to Profitability But Slow Growth Signaled Ahead
The New York Times – Business:The e-commerce giant, which also turned a profit in its latest quarter, indicated sales in the holiday period might rise at their lowest level since 2001.
