A new report claims that Amazon may cut up to 30,000 corporate jobs as the e-commerce company attempts to reduce expenses.

A memo that was shared with employees and posted on its website said the tech giant is targeting "an overall reduction in our corporate workforce of approximately 14,000 roles." The letter ...

AWS has committed to investing a minimum of $5 billion in South Korea by 2031 to establish new artificial intelligence (AI) ...

The U.S. labor market has been characterized as a 'no hire, no fire' landscape for much of the past year. But 'no hire, more ...

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Bulled up by another wave ...

Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.

Amazon.com said on Wednesday it has launched its compute cluster project called Rainier, and added that artificial ...

AI capex spending is "driving the data-center build-out, which in turn drives a host of companies that are benefiting from ...

On Tuesday, Amazon announced plans to shed around 14,000 corporate roles as part of a company-wide drive to boost efficiency ...

Companies around the globe have ramped up job cuts, with blue-chips from Amazon to Nestle and UPS reining in spending while ...

Amazon.com Inc. said on Tuesday it plans to cut roughly 14,000 corporate jobs just months after its CEO warned that AI will ...

GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new ...