Amazon news and archive

Amazon begins redundancy process for 1,200 employees in Spain

Madrid – American e-commerce multinational Amazon is making cuts in Spain, where it plans to reduce its workforce by 1,200 employees. These employees currently work in the company's corporate offices in the country. Amazon is set to make them redundant as part of the global adjustment process announced this week. According to information...

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Amazon shares soar on AI cloud computing boom

San Francisco, US – Amazon's shares soared by almost 10 percent on Thursday. The e-commerce giant announced better-than-expected earnings, driven by the growing demand for its AI cloud computing services. Quarterly sales increased by 13 percent, reaching 180.2 billion dollars across the company, it reported. Net income rose to 21.2 billion...

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Amazon to invest five billion dollars in AI data centres in South Korea

Seoul – Following the announcement of a new round of redundancies as part of its strategy to reduce costs and accelerate investment in artificial intelligence, Amazon will invest more than five billion dollars to build AI data centres in South Korea by 2031, the Asian country reported on Wednesday. The commitment was announced by Matt Garman,...

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Amazon confirms plans to cut around 14,000 office jobs

The world's largest online retailer, Amazon, is cutting around 14,000 administrative jobs. In a statement, the company attributed the cuts to organisational changes in the age of artificial intelligence. Shipping operations in Germany and other countries are not expected to be affected by the reduction in office jobs. It was initially unclear to...

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Amazon to cut 30,000 office jobs: media reports

Amazon will lay off tens of thousands of office workers as the e-commerce and tech giant trims costs amid ramped-up investments in artificial intelligence, according to US media reports. Some 30,000 positions will be cut in a belt-tightening move expected to begin on Tuesday, multiple news outlets reported. The reduction will represent nearly 10...

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UK retailers eye brisk festive season as consumer confidence rebounds

British consumers are preparing to spend again. According to Shopify’s latest Holiday Retail Report, the average UK shopper plans to part with 181 pounds across Halloween, Black Friday, and Christmas, up from 159 pounds last year, signalling renewed confidence ahead of the 2025 festive season. Despite lingering unease around the Autumn Budget...

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Amazon makes major investment in Dutch e-commerce

American e-commerce giant Amazon is stepping up its efforts in the Netherlands. The company will invest over 1.4 billion euros in the country through 2027, as reported to the Financieele Dagblad. This investment is partly intended to challenge its competitor, Bol. The 1.4 billion euro investment will be used to facilitate next-day delivery....

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Amazon's cloud services hit by global outage

A global outage hit Amazon's cloud services on Monday, the subsidiary of the US tech giant said, disrupting many websites and services including Amazon Prime, Perplexity, Fortnite, Alexa, Snapchat and Duolingo. Messages on the maintenance site for Amazon Web Services (AWS) confirmed "increased error rates" for multiple services and said its...

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Nasty Gal to launch via Amazon as Debenhams doubles down on US expansion

Debenhams Group is accelerating its expansion in the US through the launch of Nasty Gal on the Amazon Fashion platform. With the collaboration, the US label will offer 172 items to local Amazon customers, with new stock to launch monthly. The launch intends to provide US customers with more direct access to Nasty Gal goods, further emphasised by...

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Amazon to pay 2.5 billion dollars to settle Prime enrollment case

Amazon agreed Thursday to pay 2.5 billion dollars to settle allegations from a US regulator that it used deceptive practices to enroll consumers in Amazon Prime and made it difficult to cancel subscriptions. The Federal Trade Commission's lawsuit, filed in federal court in Seattle, alleged that Amazon knowingly tricked consumers into signing up...

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Amazon faces US trial over alleged Prime subscription tricks

Jury selection began Monday in a US government lawsuit accusing e-commerce giant Amazon of using tricks to enroll millions of customers into its Prime subscription service and then making it nearly impossible to cancel. Opening remarks by rival attorneys were slated for Tuesday, with witness testimony to follow. The Federal Trade Commission's...

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Amazon under fire for price-parity policies

Marketplace giant Amazon has come under fire in the UK for allegedly making consumers pay more than they should have due to its price-parity policies. The Association of Consumer Support Organisations (ASCO) has said it has applied for a collective proceedings that would allow it to bring legal action against Amazon on behalf of over 45 million...