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The tech giants are making painful adjustments after a pandemic hiring spree was abruptly halted by an economic downturn and stock market slump. → Read More
The abruptness is adding to the anxiousness Amazon employees are feeling over the layoffs. → Read More
These are the first messages to employees as Amazon embarks on the largest layoffs in company history on Wednesday. → Read More
The new estimates from Consumer Intelligence Research Partners are another sign of deceleration across the e-commerce giant. → Read More
The company is pursing higher profit margins by cutting costs and slowing growth as it faces an uncertain economic future. → Read More
Amazon's Grand Challenge team epitomized the company's "Think Big" mantra. Insiders are worried its era of high-risk projects is over. → Read More
The move shows Amazon is taking the FTC's investigation seriously. → Read More
AWS's slowing pace of growth was one of the main reasons for the plunge in Amazon shares in after-hours trading on Thursday. → Read More
The moves are part of one of the most severe cost cutting phases in Amazon's history as a looming recession forces tough decisions. → Read More
The tech giant is winding down projects and cutting costs in other ways in the face of slowing growth and a looming recession. → Read More
The economic outlook is darkening, and tech giants like Google, Facebook, and Amazon are getting ready for a rough ride. → Read More
Amazon overbuilt warehouses and generally grew too fast during the pandemic. With a recession looming, the internet giant is cutting back. → Read More
Big Tech companies are scaling back or shutting down pie-in-the-sky projects as costs and immediacy become major concerns. → Read More
Amazon is responding to engineers' frustrations about rote work, poor developer tools and a deteriorating of the company's "building" culture. → Read More
The ASBX group has more than 400 employees focused on helping Amazon engineers avoid rote work and be more creative. → Read More
The incident is one of several signs of Amazon frugality going overboard, according to former Amazon employees who now work at Google. → Read More
A major breakthrough in 2018 persuaded Amazon to double down on original video content, SVP Jeff Blackburn said at an internal all-hands meeting. → Read More
Amazon acquired the online-pharmacy startup PillPack for about $750 million in 2018. New survey data suggests the deal has been a failure. → Read More
Amazon Care plans to add mental health services to its offerings, signaling another expansion to its nascent primary-care business. → Read More
The cancer vaccine project is the latest indication of Amazon's growing interest in the healthcare sector. → Read More