Amazon announced they will hire 250,000 part-time and full-time employees in seasonal fulfillment centers and transportation.
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Amazon doubles its net income compared to the first quarter and reports an 11% increase in net sales YOY.
The FTC, CMA and European Commission investigate Amazon for claims including anticompetitive behavior.
The FTC, CMA and European Commission investigate Amazon for claims including anticompetitive behavior.
Amazon agreed to a $30 million settlement with the FTC to resolve two privacy complaints against them for their Ring and Alexa products.
Amazon begins third round of layoffs since November, impacting mostly AWS, PXT, Amazon Advertising and Twitch.
Despite challenging macroeconomic conditions, Amazon president and CEO Andy Jassy is optimistic about the company’s future.
Amazon is charging some customers a $1 fee if they drop off Amazon returns at UPS when another location is closer.
For the third time since November 2022, Amazon announces 9,000 more job cuts, bringing total job cuts to 28,000.
Phase 2 of Amazon HQ2 construction is being put on hold in Arlington, Virginia. Phase 1 is set to open June 2023.
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