Bloomberg L.P. Amazon

Amazon Cuts Dozens of Corporate Jobs

Amazon’s latest job cuts impact corporate communications and sustainability employees

Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its communications

Bloomberg on MSN · 1d

Amazon Cuts Dozens of Corporate Jobs in Latest Round of Layoffs

Amazon.com Inc. is laying off dozens of people in its communications department, the latest culling of the corporate workforce amid executives’ efforts to cut costs and reduce bureaucracy.

Business Insider · 1d

Amazon laying off dozens in communications department, Bloomberg says

Amazon is cutting dozens of jobs in its communications unit in an effort to cut costs, Bloomberg’s Spencer Soper and Vinicy Chan report.

Amazon, UPS

Hosted on MSN · 11h

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.

The Wall Street Journal on MSN · 16h

UPS Stock Sinks on Plans to Slash Business with Amazon

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

Newsweek · 17h

UPS Stock Falls After Amazon Business Cut

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

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 ...

13don MSN

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.

Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings

US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results ...

13d

MicroStrategy May Soon Rival Amazon, Alphabet in Common Shares

MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s ...

9hon MSN

DeepSeek will hardly dent magnificent seven stocks, survey shows

Investors believe DeepSeek’s AI debut will not impact the Magnificent Seven companies, with 88% of respondents expecting minimal effects on the S&P 500. The survey highlights President Trump’s ...

17hon MSN

UPS and Amazon May Be Headed for a Split—and the Stock Is Paying the Price

For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...

8don MSN

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 ...

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