When Amazon reports earnings on Thursday (Feb. 2), Wall Street will be focused on how much earnings drop, and on whether revenues top expectations. Layoffs? They’ll be under discussion too. So will AWS and the state of enterprise tech spending. As the eCommerce giant grapples...
Amazon is offering Prime members discounted prescription drugs, its latest venture into the healthcare sector. Announced Tuesday (Jan. 24), the company’s RxPass provides patients that use the Amazon Pharmacy access to generic medications for $5 per month, delivered to their homes at no cost. “Navigating...
Amazon is reportedly beginning its latest round of job cuts Wednesday (Jan. 18). These layoffs are primarily focused on the firm’s retail and human resources organizations and are part of its largest-ever workforce reduction that was announced earlier this month, Bloomberg reported Wednesday. In total,...
Rent the Runway is opening shop on Amazon in a move that’s a fit for both brands. In a Thursday (Jan. 12) press release, the “Pre-Loved” used designer apparel marketplace announced that it has opened a digital storefront to bring its offering to a wider...
Amazon will close three of its U.K. warehouses in favor of newer fulfillment centers. The company said Tuesday (Jan. 10) the closures will affect warehouses in Hemel Hempstead, Doncaster and Gourock, and impact 1,200 workers, who will be offered the chance to transfer to other...
Want to watch The Mandalorian? No problem. Just say “Hey Disney” to your Amazon Echo. That’s the upshot of Amazon’s preview announcement Thursday (Jan. 5) on the opening day of the 2023 Consumer Electronics Show (CES), providing an apt backdrop to debut the voice-activated experiences...
Amazon plans to lay off more than 18,000 workers. This total includes the reductions made in November and ones that were announced Wednesday (Jan. 4), Amazon CEO Andy Jassy said in a Wednesday message to employees that was also posted online. Several teams will be...
Amazon hopes to add more convenience for its eCommerce customers by offering box-free returns. “We understand that finding a box and tape, and printing a label for a return can still be a hassle,” the company said in a news release Thursday (Dec. 29). “Now,...
Amazon’s third-party sellers sold more products than ever this holiday season, led by surging sales among small businesses This, as the digital retail giant said Thursday (Dec 29) that small businesses (SMBs) sold nearly half a billion items in the U.S. alone, as the company’s...
