To that end, the firm closed a store in Woodland Hills, California, U.S.A., at the end of February and three stores in New ...

Microsoft (NASDAQ: MSFT), and Meta (NASDAQ: META) have laid off tens of thousands of employees despite strong earnings, ...

Seattle-based Amazon operates 15 cashierless Amazon Go convenience stores across the Seattle, Chicago, New York and Los ...

The FTC said in its 2023 complaint against Amazon that the company knowingly tricks people into signing up for Prime through ...

The FTC accuses Amazon of duping people into signing up for Prime. But it's hard to prepare for a trial when Elon Musk fires ...

As you add a lot of people, you end up with a lot of middle managers. And those middle managers, all well intended, want to ...

Combining the teams comes as Amazon Go has struggled to grow while Amazon Fresh has sharply increased its store count recently.

Despite a strong revenue growth in the last few quarters, Amazon continues to bring efficiency within its headcount. We have heard of massive layoffs in various divisions over the last few quarters.

Explore iRobot's challenges post-Amazon deal collapse, with Q4 losses, layoffs, and uncertain future. Read my IRBT stock ...

The beginning of the year saw a wave of layoffs in the technology sector, where some of the biggest companies, including Google, Amazon, and Meta, continued to reduce their workforce. These cuts ...