Amazon’s revenue soared in the recent quarter, boosted by demand from AWS customers. But some investors worried about the company’s plan for $200 billion in capital expenditures. Over time, AWS has ...

Amazon layoffs part of broader tech industry restructuring Layoffs affect nearly 10% of Amazon's corporate workforce Amazon mistakenly sent email early, unsettling AWS staff Jan 28 (Reuters) - Amazon ...

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 ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Amazon is calling it quits on its Fresh grocery and Amazon ...

Amazon said it's closing all of its Amazon Go and Amazon Fresh locations, as the online behemoth focuses on its grocery delivery, Whole Foods Market and a new “supersized” store concept. The ...

E-commerce giant Amazon announced in a Tuesday, Jan. 27, news post that it is closing its Amazon Go markets and Amazon Fresh stores brands to focus on growth areas. Some stores will convert to Whole ...

Amazon is closing 72 of its Amazon Fresh and Amazon Go stores, converting some into Whole Foods Markets. Amazon announced on Tuesday, Jan. 27, that it will close 57 Amazon Fresh and 15 Amazon Go ...

RIP, Amazon convenience stores: gone and probably soon forgotten. Amazon announced on Tuesday that it will close its brick-and-mortar Amazon Go and Amazon Fresh stores and will instead expand its ...

The closures are part of a move to double down on expanding Whole Foods Market. The closures are part of a move to double down on expanding Whole Foods Market. is a news writer covering all things ...

Amazon is laying off 16,000 employees, the company’s second round of large-scale job reductions in three months as it fights to improve its standing in the battle for AI supremacy. In a blog post ...

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 ...

Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm. "The reductions we are making today will impact ...