Amazon has notified employees of layoffs after deciding to consolidate some teams and programs within its Devices & Services organization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Unconfirmed reports Monday that said Amazon is planning to cut up to 10,000 jobs could give Walmart an opportunity to retake some market share from its struggling retail rival. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Germany’s competition watchdog, the Bundeskartellamt (BKartA) announced on Monday (Nov. 14) that it has extended two ongoing proceedings against Amazon to make use of an amendment to the German Competition Act that grants the BKartA additional powers to regulate large digital companies. Get the Full...
Amazon is reportedly looking to lay off approximately 10,000 employees this month, the first and largest such move in the company’s history. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In an environment of falling values of stocks in the tech and growth sectors and economy-wide fears of a recession, Amazon has reportedly become the first public company whose market cap has dropped by $1 trillion. Get the Full Story Complete the form to unlock...
Amazon One palm-reading checkout technology is reaching more customers as the company begins rolling out the technology at its Whole Foods Market stores in the Dallas-Fort Worth area. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Amazon’s shares have slipped about 11% in the wake of last month’s earnings reports, as investors fretted about consumers’ belt-tightening. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In a boost for Nigeria’s digital economy, Amazon Web Services (AWS), a subsidiary of Amazon, recently announced the opening of a new office in Lagos, from which it will support the growing number of Nigerian businesses deploying AWS Services. Get the Full Story Complete the...
New corporate hires will have to wait at Amazon, as the company announced a freeze as of Wednesday (Nov. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
