Amazon has made a second round of layoffs in its games division as part of a broader restructuring effort. The elimination of 180 jobs in the games division marks the second time in a week that the online retailer and digital streaming provider has reduced its...
Small business owners have typically been resource-constrained. They’ve borne the brunt of starting up and running their businesses with their personal finances. They’ve co-mingled the expenses of the business with their own everyday spending, wielding personal credit and debit cards to do so, as they...
Amazon Web Services’ opening of its Builder Studio in New York City earlier this fall reportedly signals a shift in the traditional enterprise software sales process. Located in the iconic Lord & Taylor building, the showroom offers chief information officers an opportunity to experience firsthand...
Amazon has filed four federal lawsuits against fraudulent organizations that attempted to scam consumers by impersonating the company. The lawsuits were filed in Western District of Pennsylvania, Eastern District of North Carolina, Northern District of Georgia and in the District of Arizona, Amazon said in...
Amazon is making job cuts in its music division, including its audio streaming platform and digital storefront for songs. The number of positions affected has not been revealed, but the cuts began in October and primarily target Amazon Music’s editorial and audio content team, Bloomberg...
Amazon is closing its physical clothing stores as it shifts its focus to its online fashion shopping experience and expanding its grocery stores business. The two Amazon Style stores, located in Glendale, California, and Columbus, Ohio, will be closed by Nov. 9, Bloomberg reported Thursday (Nov. 2). Amazon spokesperson Kristen Kish...
Amazon’s Counterfeit Crimes Unit (CCU) sued or referred for investigation more than 1,300 criminals and disposed of 6 million counterfeit products last year. These actions took place in China, the European Union (EU), the United Kingdom and the United States, Amazon said in a Wednesday...
In the world of retail, recommendations from friends and inspiration from influencers are like power outlets for consumers, charging up their purchasing decisions. Keeping with this idea, the retail giant introduced “Consult-a-Friend” earlier this month, a mobile shopping innovation currently in the testing phase. It...
Amazon’s third quarter results showed a rebound in online sales, with a 7% growth rate doubled by the 14% gain in subscription-related revenues. Earnings materials from the company show that, as detailed on a segment-by-segment basis, online sales were up to $57.3 billion. Sales at physical stores...
