Amazon beats revenue estimates, posts highest quarterly profit since 2021
Amazon’s second quarter earnings are the latest sign that Big Tech is bouncing back from a rough year.
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Amazon CEO Jassy’s cost cuts deliver investors biggest profit beat since 2020
Amazon reported earnings that blew past estimates on Thursday, showing just how far the company’s cost cuts have gone to bolster profitability.
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Amazon will not host re:MARS robotics and AI conference this year
Amazon used re:MARS to show off its own cutting-edge technologies, including delivery drones.
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Amazon is using generative A.I. to summarize product reviews
A new feature provides users with an overview of what shoppers like and dislike about a product they purchased
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Small Businesses Sold 4.1 Billion Products on Amazon in 2022
Amazon’s annual U.S. Small Business Empowerment Report has shed light on the impactful collaboration between the e-commerce giant and the country’s independent sellers, most of whom are small and medium-sized businesses. These sellers recorded sales of over 4.1 billion products in 2022, with average sales surpassing $ 230,000 on Amazon’s platform. This information highlights the...
Small Businesses Sold 4.1 Billion Products on Amazon in 2022
Amazon’s annual U.S. Small Business Empowerment Report has shed light on the impactful collaboration between the e-commerce giant and the country’s independent sellers, most of whom are small and medium-sized businesses. These sellers recorded sales of over 4.1 billion products in 2022, with average sales surpassing $ 230,000 on Amazon’s platform. This information highlights the...
Amazon employees plan May 31 walkout over in-person work, layoffs
“Employees need a say in decisions that affect our lives such as the RTO mandate, and how our work is being used to accelerate the climate crisis,” walkout organizers said.
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Amazon CEO Andy Jassy talks cost-cutting, AI investments in shareholder letter
The tech giant is the latest company to jump on the generative AI bandwagon. But don’t expect chatbots.
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Amazon employees push back on return-to-office plan
CEO Andy Jassy’s memo announcing the policy change came as a surprise to employees when it was posted internally on the company’s website Friday.
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Amazon employees express dismay, anger about sudden return-to-office policy
A group of Amazon staffers spammed an internal website with comments expressing their anger over CEO Andy Jassy’s return-to-office mandate
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Amazon to bring employees back to office in May
CEO Andy Jassy says employees will be expected back in offices starting in May. It’s at least the third time the company has picked a date to resume in-person work.
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Amazon CEO Andy Jassy says cost-cutting review revealed the economy is ‘more uncertain’ than previously thought
Amazon commenced a wide-ranging review of costs and discovered the company “needed to streamline our costs,” CEO Andy Jassy said.
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