All Stories Tagged: Amazon News, Page 2

Amazon (AMZN) handily beat expectations with their Q2 2023 earnings results.

Project Kuiper is a plan at Amazon to launch a network of over 3 thousand low-orbit satellites that will be able to provide high speed internet anywhere in the world.

Amazon's investment in the electric vehicle maker ended up leading to a huge loss in income for Amazon's Q4 2022 bottom line.

AWS sales grew year-over-year in Q4 2022 according to Amazon's (AMZN) latest earnings report.

Amazon sought to overturn the Staten Island vote, claiming outside interference and intimidation. It intends to appeal the NLRB's ruling.

Amazon CEO Andy Jassy released a statement of the expected job cuts in response to a employee leak of the company's early 2023 layoff plans.

Andy Jassy lamented the current economy and Amazon's previously rapid hiring as he suggested layoffs would take place over the next few months.

Starting this week, Amazon will allegedly begin layoffs in its corporate, technology, retail, and HR divisions to cut costs.

The Amazon company's Q3 2022 earnings results had it coming in just ahead on revenue with a solid win in earnings-per-share versus expectations.