Karen Weise
Posts
Amazon Freezes Corporate Hiring in Its Retail Business
It is the latest tech company to pump the brakes on hiring amid growing economic concerns.
Amazon says it will shut down Amazon Care, its primary and urgent health care business.
Last month, the company said it planned to acquire One Medical, a much larger competitor to its own health care business.
How Dan Price’s Social Media Fame Fueled Abuse Allegations
Dan Price was applauded for paying a minimum salary of $70,000 at his Seattle company and criticizing corporate greed. The adulation helped to hide and...
Amazon Posts Slowest Growth Rate in Two Decades
The e-commerce giant’s growth has slowed from its pandemic highs as people return to shopping in-person and pull back on spending in an uncertain economy.
Microsoft Reports Earnings That Fall Short of Already-Reduced Expectations
The tech giant cited the strong U.S. dollar, falling consumer demand and production slowdowns of PCs for its performance.
Amazon Restricts L.G.B.T.Q. Products in United Arab Emirates
Sales of items including flags and books were blocked in the country, where homosexuality is criminalized.
Senior Black Executives Depart Amazon as It Names New Consumer Boss
The company’s consumer and operations business has experienced a significant shake-up in recent weeks.
Dave Clark, Amazon’s CEO of Consumer Business, Steps Down
Dave Clark, who was also the architect of the company’s sprawling warehouse operations, said he would depart after 23 years.
Amazon Revenue Slows, and Costs Rise
Amazon benefited from the coronavirus pandemic as people flocked to online shopping. Now, shoppers’ behavior has shifted.
Microsoft reports rising revenue and profits, despite war and inflation.
It’s $49.4 billion in sales in the first quarter was up 18 percent from a year earlier.