by Mike Duff | Jan 29, 2026 | Retail Articles
The restructuring launched recently by Amazon continues with the announcement by the company in a blog post that it would eliminate 16,000 positions. In October of last year, Amazon revealed it would lay off 14,000 employees. And, just days ago, Amazon unveiled a...
by Mike Duff | Oct 31, 2025 | Retail Articles
The third quarter produced sales and earnings for Amazon well ahead of Wall Street expectations, assisted by a significant increase in product retail revenue. Net income advanced to $21.19 billion, or $1.95 per diluted share, compared with $15.33 billion, or $1.43 per...
by Mike Duff | Oct 28, 2025 | Retail Articles
After weeks of media speculation about looming layoffs, Amazon told workers it would begin eliminating 14,000 corporate jobs in a plan to establish a leaner organization driven by the evolution of artificial intelligence. In a web post, Beth Galetti, Amazon senior...
by Mike Duff | Aug 1, 2025 | Retail Articles
Amazon surpassed Wall Street’s revenue and earnings expectations in the second quarter, posting strong product sales growth despite evolving tariff pressures. Net income was $18.16 billion, or $1.68 per diluted share, compared with $13.49 billion, or $1.26 per diluted...
by Mike Duff | Apr 14, 2025 | Retail Articles
In a letter to shareholders, Amazon CEO Andy Jassy said the company had a solid 2024 and wants to build on that by maximizing artificial intelligence and cutting back on red tape. Jassy emphasized that Amazon enjoyed a strong 2024 with total revenue up 11%...
