Amazon is paying out $1.5 billion to customers as part of a settlement over its Prime subscription. Last month, Amazon and the Federal Trade Commission agreed to the settlement, worth $2.5 billion in ...

Amazon plans to cut roughly 10% of its corporate workforce, as it seeks to slim down, conserve cash and further employ AI. WSJ’s Jon Emont explains how a slew of billion-dollar deals is reshaping the ...

Streaming giants such as Amazon Prime Video, Netflix, and YouTube dominate Americans’ living rooms today because they can reach virtually everywhere without the regulatory shackles that are decimating ...

Amazon will cut up to 30,000 positions from its corporate workforce, starting Tuesday, as part of efforts to streamline operations and address hiring that ballooned during pandemic-era demand spikes.

Retailers face a dilemma when it comes to returns. They want to have a customer-friendly policy, but they don't want their ...

Amazon announced on Monday its plans to cut approximately 30,000 corporate jobs as the company aims to compensate for overhiring during the pandemic. The e-commerce giant’s job cuts are slated to ...

Andy Jassy began working to shed costs soon after he became Amazon's chief executive officer in 2021. Prior to becoming CEO, he oversaw the company's fast-growing and highly profitable cloud ...

Amazon said it would cut 14,000 corporate staffers this year in a mass layoff aimed at readying the company for wide adoption of AI technology. The company noted that it would be hiring in key areas ...

Are You Eligible for a Cut of Amazon's $2.5 Billion Prime Settlement? Amazon will hand out $51 refunds to people who accidentally signed up for Prime. The first round will be sent automatically, but ...

(NEW YORK) -- Amazon has announced that it will cut an estimated 14,000 jobs from its corporate workforce as it focuses on “reducing bureaucracy, removing layers, and shifting resources,” according to ...

Amazon confirmed plans to reduce its corporate workforce, impacting 14,000 employees. The company cited a need to be more lean and the increasing prevalence of artificial intelligence as reasons for ...