In a bold move to enhance its logistical capabilities and further cement its lead in the e-commerce sector, Amazon has ...

Automation was meant to lighten the load, not empty out the payroll. As Amazon axes 14,000 jobs and plans to cut tens of ...

Bank of America analyst Justin Post and his team updated their opinion on AMZN stock following the release of the earnings report. Net sales increased 13% to $180.2 billion in the third quarter ...

Amazon is projected to have almost 40 delivery fulfillment centers equipped with robots by the end of next year, resulting in an estimated cost savings of $4 billion per year.

The company's cloud infrastructure platform, Amazon Web Services (AWS), saw its sales rise by 20% to $33 billion, a notable increase from the 17.5% growth it delivered in the second quarter. The gains ...

The latest Omniverse updates enable the companies to overcome labor shortages and drive American reindustrialization, NVIDIA ...

Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins ...

Whether you’re as relaxed as Buffett regarding automation or not, you can control how prepared you are for any disruptions.

Amazon’s major restructuring cuts 14,000 corporate jobs as AI transformation reshapes roles across departments, with up to 30 ...

Amazon said on Tuesday it will reduce its global corporate workforce by about 14,000 people, with more cuts expected next year, in a major shakeup driven in part by adoption of artificial intelligence ...

About 14,000 Amazon employees will be laid off in what could reportedly be the largest corporate job cuts in the online ...

Amazon.com plans to lay off as many as 30,000 employees starting as early as Tuesday, according to the Wall St. Journal, ...