Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice president at the ecommerce giant, made the announcement Wednesday in a blog ...

Forbes contributors publish independent expert analyses and insights. I do mergers & acquisitions in retail/consumer and write about trends. Once upon a time, Amazon tried to build a physical-store ...

Amazon is shutting down all 72 of its Amazon-branded grocery stores, including Amazon Fresh and Amazon Go. According to the company, it will convert some of those locations into Whole Foods ...

Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and expands the ...

(RTTNews) - Amazon.com Inc. (AMZN) is in discussions to invest up to $50 billion in OpenAI, according to reports citing people familiar with the matter. The talks include expanding an agreement under ...

Amazon is closing its branded brick-and-mortar grocery stores, with the company consolidating its physical strategy under the Whole Foods name. The closures, which affect its Amazon Fresh and Amazon ...

So far, public reports do not appear to show Texas-based employees among those affected, and Amazon has not released state-by-state details on the layoffs. The company was also unable to confirm ...

The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is starting to make investors nervous. By Karen Weise Karen Weise has covered ...

Jan 28 (Reuters) - Nvidia (NVDA.O), opens new tab, Amazon (AMZN.O), opens new tab, and Microsoft (MSFT.O), opens new tab are in talks to invest up to $60 billion in OpenAI, ‌The Information reported ...

Amazon will lay off approximately 400 workers in Washington state as part of its decision to close all Amazon Go and Amazon Fresh stores across the country, according to a notice filed with the state ...

Amazon retains a Strong Buy rating, driven by robust AWS growth, advertising expansion, and retail margin improvements. AMZN Q3 2025 revenue rose 13.4% to ~$180B, with gross margin expanding to 50.8% ...

The tech giant is spending $35 million to promote its film about the first lady, far more than is typical for documentaries. By Nicole Sperling and Brooks Barnes Reporting from Los Angeles The film’s ...