Amazon’s latest job cuts impact corporate communications and sustainability employees
Amazon Cuts Dozens of Corporate Jobs in Latest Round of Layoffs
Amazon Cuts Down its Corporate Communications Team in its Latest Series of Layoffs
Amazon Spheres, the company’s iconic Seattle HQ, is home to the company that, from humble origins, has revolutionized digital commerce. But inside the Sphere, the question is, how many employees feel secure in terms of their jobs?
UPS Breaks With Amazon to Take ‘Control of Own Destiny’
United Parcel Service Inc. suffered its biggest one-day share drop after shocking the market by slashing business with the world’s largest online retailer. Most Read from BloombergHow the 2025 Catholi
Amazon lays off employees from these two teams: All the details
It is not clear how many employees have been laid off but reports suggest that dozens of roles have been eliminated.
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
Amazon suspends US drone deliveries following crash at testing facility
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
Amazon to Close Warehouses in Quebec, Eliminating 1,900 Jobs
French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to a third-party delivery model supported by local small businesses, similar to what we had until 2020,
SoftBank in Talks to Lead $500 Million AI Robotics Funding
SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter. The startup would be valued at $4 billion,
Norway’s $1.8 Trillion Fund Ended 2024 With Tech-Heavy Top Ten
Norway’s $1.8 trillion wealth fund ended 2024 with a tech-heavy top ten, just as the success of the artificial intelligence model developed by Chinese startup DeepSeek raises the specter of a correction in the AI-driven stock rally.
Price Tag for Amazon’s Mississippi Data Centers Jump 60% to $16 Billion
Mississippi, underscoring the escalating costs for artificial intelligence infrastructure.The company will spend $16 billion to construct two data center campuses north of the state capital Jackson, according to state planning documents reviewed by Bloomberg.
UPS’ Amazon Reduction Is the Right Move
Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
Whole Foods Chief Gets Oversight of Amazon’s Entire Grocery Unit
Amazon.com Inc.’s Whole Foods Market chief has been tapped to run the retail giant’s entire grocery business. Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pu
Jindel on Parcel Challenges, LTL Opportunities: Talking Transports
FedEx and UPS are trying to navigate an ever-changing parcel industry as volume mix shifts towards more expensive home deliveries and increased competition from the likes of Amazon, which has weighed on margins.