Amazon earnings are out. Here's why stock is soaring.
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Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.”
Amazon beat estimates for its third-quarter earnings with $180.2 billion in revenue, up 13% year-over-year, and earnings per share of $1.95,… Read More
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.
Amazon said on Oct. 28 that it is cutting thousands of corporate jobs. What does this mean for its Floridian employees?
Amazon announced plans to lay off 14,000 employees and counting in a public blog post on Tuesday, October 28. As if there weren’t enough people out of work, Amazon has reportedly laid off tens of thousands of employees from its corporate operations, including one woman currently on vacation.
On Tuesday, Amazon laid off 14,000 employees in an effort to improve operations by removing layers of bureaucracy, according to a company announcement posted by Senior Vice President of People Experience and Technology, Beth Galetti.
Amazon reported its third-quarter 2025 earnings Thursday, revealing revenue rose 13% for the June-September period.
Amazon CEO Andy Jassy said that even without counting Whole Foods — the high-end grocery store chain it bought in 2017 — and Amazon Fresh, the company's grocery business put up more than $100 billion of gross merchandising sales over the last 12 months.
The notification with Amazon’s entire list is online at the state’s WARN site. Separately, a regional delivery service partner with Amazon has filed a layoff notice with the state Department of Employment Security, eliminating more than 100 jobs.
With the preparation for a critical Week 10 matchup against the Vikings set to begin, we're looking at instant analysis of Baltimore's huge win.
Amazon reported third-quarter earnings that exceeded expectations, which prompted a 13% rise in its share value during after-hours trading on Thursday.