Amazon CEO Andy Jassy told investors he's "confident" the company will see a return on its massive investments in artificial intelligence. The company boosted its 2026 capital expenditures to $200 ...
The rivals made billions of dollars in the business over the past year, showing other companies that Nvidia isn’t the only game in town. Google’s chips for artificial intelligence are increasingly ...
Amazon has confirmed that it’s letting go of 16,000 workers and employees across its organization. In an announcement by company SVP Beth Galetti, she explained that Amazon was going through ...
Amazon is cutting approximately 16,000 corporate jobs in its second mass layoff since October 2025. In an announcement posted by Beth Galetti, Amazon’s Senior Vice President of People Experience and ...
Amazon said it's cutting about 16,000 corporate roles as part of a broader move to cut bureaucracy. The company previously cut 14,000 jobs in October, citing cultural and efficiency shifts. CEO Andy ...
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 ...
The e-commerce giant has been cutting costs while pouring resources into building data centers to compete in the race to dominate artificial intelligence. By Karen Weise Reporting from Seattle Though ...
Deforestation is having a more devastating effect on the Amazon rainforest than earlier data suggested. While cutting down large swaths of trees destroys vital habitats, it also harms the region's ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Several Philadelphia-area Amazon ...
UPS announced it will eliminate an additional 30,000 operational jobs as it winds down its partnership with Amazon. The cuts come after the company eliminated 48,000 jobs in 2025. The eliminations are ...
Amazon is set to close about 70 branded brick-and-mortar grocery stores as part of its partnership with Whole Foods Market. The closures, announced Tuesday, will affect Amazon Fresh and Amazon Go ...