(Photo by Chesnot/Getty Images) Getty Images Twitter has been late in paying Amazon Web Services for cloud services to power the app. In return, this has prompted Amazon to threaten to withhold paymen...
Tag: Andy Jassy
EBay Head Of AI Talks About The Future Of Online Commerce
Artificial intelligence has the potential to make consumer shopping online much more vibrant and … [+] interconnected like shopping in a physical store. getty Artificial intelligence continues t...
Amazon Cuts Ties With EU Distributors
. (Photo by Smith Collection/Gado/Getty Images) Getty Images AmazonAMZN is cutting ties with its EU distributors and will source goods directly from the brands. It is another step by CEO Andy Jassy, 5...
Amazon Is Closing Some Amazon Fresh And Amazon Go Stores – Are Groceries Profitable?
A Amazon Grocery Copyright 2022 The Associated Press. All rights reserved. AmazonAMZN plans to close a number of Amazon Fresh grocery and Amazon Go convenience stores and pause new openings. According...
Amazon Has Tough Choices – Closing Charity Programs, Cutting Staff, And Facing CEO Pay Pressure
Andy Jassy, chief executive officer of Amazon.Com Inc., Photographer: David Ryder/Bloomberg © 2021 Bloomberg Finance LP Amazon’s board may follow the example of many other tech companies moving to cut...
Here’s What It Means Organizing Efforts Across The Company
Topline A federal labor agency official on Wednesday rejected Amazon’s bid to overturn a historic vote by workers at its Staten Island warehouse in favor of unionization, in a ruling that comes as uni...
Amazon’s Fresh Stores Likely To Suffer Amid Amazon Staff Cuts
(Photo by Niklas HALLE’N / AFP) (Photo by NIKLAS HALLE’N/AFP via Getty Images) AFP via Getty Images There are seven AmazonAMZN AMZN “Zombie” stores that appear to be ready to open but sit ...
Tech Layoffs Continue With Cuts At Salesforce, Amazon And Maybe Even Google
(Photo by Stephen Lam/Getty Images) Getty Images Key Takeaways Salesforce is cutting 10% of its global workforce, equating to around 8,000 jobs which will be lost. Amazon is also cutting a much higher...
Amazon Device Chief David Limp: The C-Suite Interview
“It’s a long journey. It’s going to take us decades to solve it all but the world is going to be a very different place in a decade or two.” David Limp is not a man who lives for today. As Senior Vice...
Amazon Is Next In The Onslaught Of Tech Layoffs
Getty Images Key takeaways Amazon plans to lay off around 10,000 employees beginning as soon as this week The online retail giant represents another in a growing chain of tech firms slashing head coun...
Has Amazon Stock Peaked?
| Getty Images Key Takeaways Investors are concerned that Amazon stock might still be overvalued, and the downward trend of the company’s stock price suggests that is the prevailing opinion. Yesterday...
Amazon Among Bidders for Signify Health
Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health services provider, according to people familiar wit...
Amazon’s Policy Head Jay Carney Departs For Airbnb
Topline Jay Carney, Amazon’s top policy executive and a former White House press secretary in the Obama administration, is quitting the company to join Airbnb as its global head of policy and communic...
Amazon Fulfillment Services Gets A Big Boost
View of warehouse Photo by SEKO Logistics Amazon uses aggregators in its Marketplace. In fact, they make up the largest part of the marketplace. These aggregators need a lot of warehouse space for the...
Amazon’s Consumer Chief Dave Clark Joins Supply Chain Startup Flexport As CEO
Outgoing Amazon Worldwide Consumer chief Dave Clark is joining supply chain unicorn Flexport as co-CEO. Grant Hindsley Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sol...
Amazon Gets Two Big Wins Against Unionization, Here Is Why It Matters
The preliminary vote count is in with Amazon workers in the Staten Island sortation center deciding … [+] not to unionize with 62% in favor of a no-vote. (Photo by Michael M. Santiago/Getty Imag...
Amazon Loses $3.8 Billion In Profits But Andy Jassy Is Not Concerned
Amazon AWS is up 37% and continues to grow as Boeing selects the service as its strategic cloud … [+] provider (Photo by Jeff Halstead/Icon Sportswire via Getty Images) Icon Sportswire via Getty...
Amazon Web Services Reports 40% Growth Despite Customers Looking To Other Vendors
Adam Selipsky, pictured at AWS re:Invent in December, has made it clear that its corporate customers should stay loyal to AWS. Getty Images for Amazon Web Services Amazon’s cloud business reported bum...
Amazon Shortens Paid Leave For U.S. Workers With Covid After CDC Changes Guidance
Topline Amazon is reducing paid leave for all U.S. employees who contract Covid-19 or need to quarantine from 10 days to 40 hours, the latest major private employer to cut its paid leave after the Cen...
Amazon Is Expected to Post Slim Profit as It Manages Slower Demand
Amazon Inc. is expected on Thursday to report a modest quarterly profit on a meager rise in sales, as the tech-and-retail company continues to work through the overhang from its breakneck growth durin...