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Amazon
02/10/2023
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By Belle Carter
Amazon, DHL reduce cargo flights as consumer demand weakens
The Air Transport Services Group (ATSG) announced earlier this week that two of its major partners – technology and retail giant Amazon and logistics firm DHL Express – are reducing flight schedules for their contracted fleets in response to weaker e-commerce demand. ATSG provides aircraft leasing and outsourced transportation services for cargo customers. While it issued an outlook for […]
01/27/2023
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By Arsenio Toledo
Amazon warehouse workers in Britain walk out of their jobs over paltry pay increase, terrible working conditions
Hundreds of Amazon workers in the United Kingdom walked out of their jobs on Wednesday, Jan. 25, in the first-ever formal industrial action in the country against the tech giant. The workers, affiliated with the GMB trade union, walked out of an Amazon warehouse in the city of Coventry in central England, known as BHX4 […]
01/27/2023
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By JD Heyes
Tech sector collapse continues in Bidenflation economy as Google latest to announce thousands of layoffs
The technology sector under Joe Biden’s inflationary economy continues to downsize rapidly, and it doesn’t look like it’s going to rebound any time soon, with Google becoming the latest to announce massive layoffs. The division of Alphabet announced this week that the company would be laying off 12,000 people, many of them in senior positions […]
01/23/2023
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By Cassie B.
Microsoft to cut 10,000 jobs in latest Big Tech layoffs
Microsoft has joined a wave of other tech companies in announcing mass layoffs, cutting around five percent of its overall workforce. A securities filing last week noted that they would be laying off 10,000 employees as part of a range of measures aimed at cutting costs in the wake of economic uncertainty. Ahead of the […]
01/19/2023
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By News Editors
These major companies are laying off workers at a huge rate
Large companies across various sectors are laying off workers at staggering rates, putting the state of the economy in question. (Article by Ronn Blitzer republished from FoxBusiness.com) Among the latest announcements is Microsoft, which said Wednesday the company plans to cut 10,000 workers after shares of Microsoft fell more than 20% during the past 12 months. An […]
01/06/2023
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By JD Heyes
Collapse of woke tech companies continues as Amazon announces huge layoffs
E-tailer behemoth Amazon is following the trend of other huge tech companies that are currently laying off a staggering number of Americans after hiring binges over the past couple of years, and, not surprisingly, as many of them became “woke” and began abusing their users. Earlier this week, Amazon notified employees that plans are in […]
12/22/2022
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By Arsenio Toledo
Amazon becomes first company ever to lose $1 trillion in market value
Amazon just lost $1 trillion in market cap value, the largest loss in market value ever recorded by any publicly traded company. In July 2021, the company had a market value of a near-record breaking close of $1.88 trillion. But the tech giant’s shares dropped 4.3 percent in value in November, lowering the company’s market […]
12/07/2022
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By Belle Carter
Amazon to fire 20,000 employees – the largest staff reduction in company’s history
People with knowledge of the matter have confirmed that multinational e-commerce and tech giant Amazon will be laying off 20,000 of its employees, including top managers, data scientists, software engineers and other corporate workers. This represents the largest staff reduction in the company’s history. The latest update from sources, who requested anonymity because they were […]
11/23/2022
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By Arsenio Toledo
Fewer Amazon shoppers are satisfied with the company’s services
Recent information from Amazon finds that customer satisfaction has slipped to one of its lowest points since 2000, the year a private firm began tracking consumer enthusiasm for the country’s largest online retailer. Investment banking and financial advisory firm Evercore ISI publishes its yearly American Consumer Satisfaction Index, which tracks customer approval of more than […]
11/17/2022
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By Cassie B.
Amazon to fire 10,000 employees in biggest layoff in company’s history
Amazon plans to fire around 10,000 employees in corporate technology roles in what may be one of the biggest layoffs in the company’s history as mass firings throughout the tech industry continue to add up. Insiders who have direct knowledge of the planned job cuts say they will be focused on its retail division, human […]
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