Amazon is preparing to lay off as many as 30,000 corporate employees beginning Tuesday, marking its largest round of job cuts since 2022. According to Reuters, which cited sources familiar with the matter, the layoffs will affect about 10% of Amazon’s 350,000 corporate staff but represent a small fraction of its global workforce of roughly […]
Amazon has acquired nearly 985 acres of land in Lamar County, Georgia, just south of Atlanta, in a $270 million deal finalized on July 25, according to The Barnesville Buzz. While the tech giant has not confirmed how the land will be used, early indications point to a potential data center, though warehouse operations remain […]
Amazon has reported a significant increase in ad revenue, reaching $11.82 billion in the first quarter of 2024. This figure marks a 24% year-over-year increase and sets a new Q1 record, surpassing analyst expectations of $11.7 billion. The strong performance is primarily due to Amazon’s decision to integrate ads by default on Prime Video across […]
