Amazon

Amazon

Amazon is laying off 16,000 employees as part of a global restructuring plan.

Economy
Amazon has canceled 16,000 jobs as part of a global restructuring plan. Beth Galetti, the company’s senior vice president, stated in a press release that this move is ...
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Chinese Timo Competes Globally with a 24% Market Share Against Amazon

Economy
Temu Competes Globally with Amazon, Claims 24 Percent Market Share Chinese low-cost e-commerce platform Temu has established itself as a major player in the cross-border e-commerce sector, nearing ...
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Major Outage in Amazon Web Services Disrupts Operations of Major Websites and Applications in the United States

International
A major outage in Amazon Web Services disrupts major websites and applications in the United States Amazon announced on Monday, October 20, a widespread outage affecting its cloud ...
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A judicial ruling condemns Amazon for violating consumer protection laws due to misleading practices in its “Prime” service.

International
A U.S. federal court has ruled that Amazon violated online consumer protection laws by enrolling users in its “Prime” service before fully disclosing all program terms. This ruling ...
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Historic Ruling Against Volkswagen in Brazil Due to Forced Labor

International
Historic Ruling Against Volkswagen in Brazil Over Forced Labor A Brazilian court has issued a historic ruling against Volkswagen’s subsidiary in Brazil, ordering the company to pay over ...
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