The company indicated the slowing growth and tight margins would continue in the first three months of this year.
Category: Jassy, Andrew R
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Amazon Expands Corporate Layoffs to 18,000 Jobs
The layoffs will focus on human resources and its retail division, Amazon’s chief executive said in an email to employees.
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Amazon Agrees to Change Some Business Practices in EU Settlement
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
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
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
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 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
Markets expect another big interest rate increase on Wednesday. But investors are also anxious about the central bank’s coming moves.
