Amazon has announced that it would eliminate roughly 16,000 corporate jobs globally. This is the second major round of layoffs in three months. The cuts, revealed in a memo from Beth Galetti, Amazon’s senior vice‑president, come just a few months…
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 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…
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…
