E-commerce giant may be latest to announce job cuts ahead of potential economic downturn Amazon.com is planning to lay off about 10,000 people in corporate and technology jobs, starting as soon as thisRead More
Amazon stock soared 15% on the news of cost cutting process overview! Review includes the devices unit, which includes Alexa and where documents show operating losses of $5 billion annually in recent yearsRead More
Shares of Amazon fell Friday following yesterday evening’s release of a downbeat revenue outlook for the current quarter! Setting the stock on course for its lowest close since early 2020. Amazon’s stock wasRead More
