Amazon is reportedly looking to lay off approximately 10,000 employees this month, the first and largest such move in the company’s history. According to a New York Times report Monday (Nov. 14), which cited unnamed sources familiar with the staffing reduction, the cuts would be...
It took more than two and a half years, but Amazon’s round trip is now complete. This, as the eCommerce and cloud computing giant’s double-digit, post-earnings dive Thursday evening (Oct 27) pushed its already battered stock price even lower, touching levels not seen since the...
When it comes to reporting quarterly earnings, there’s beating Wall Street’s expectations, really beating them, and then there is what Amazon did yesterday. Eight straight quarters of profits seem to have finally shaken off its reputation for being the world’s most successful company that failed...
August 01, 2024
While Wall Street didn’t like what it saw or heard from Amazon’s Q2 earnings, from a consumer spending standpoint there was a lot to like. For now. Across all operating segments the retail, cloud, AI and multimedia company reported net sales climbing 10% year over year to $148 billion, bolstered by a 19% surge in […]
October 28, 2022
It took more than two and a half years, but Amazon’s round trip is now complete. This, as the eCommerce and cloud computing giant’s double-digit, post-earnings dive Thursday evening (Oct...
April 28, 2017
When it comes to reporting quarterly earnings, there’s beating Wall Street’s expectations, really beating them, and then there is what Amazon did yesterday. Eight straight quarters of profits seem to...
November 14, 2022
Amazon is reportedly looking to lay off approximately 10,000 employees this month, the first and largest such move in the company’s history. According to a New York Times report Monday (Nov. 14), which cited unnamed sources familiar with the staffing reduction, the cuts would be focused on Amazon’s devices division — which includes the company’s […]
