Amazon launches online discount storefront to better compete with Shein, Temu
The company said the new Amazon Haul storefront will mostly feature products that cost less than $10 and offer free delivery on orders over $25.
Amazon.com
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Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000
The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January.
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Amazon’s belt-tightening affects towns across United States
For years, Amazon has been in super growth mode. But now, some projects are facing delays, and some communities worry the projects might never materialize.
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Amazon plans to hire 150,000 workers for holiday season
Amazon.com plans about the same number of seasonal workers as last year despite slowing sales and predictions of a lackluster holiday shopping season.
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Amazon to raise average hourly pay by $1 to $19 in October
Beginning in October, warehouse and transportation workers would earn between $16 and $26 an hour, depending on their position and location in the U.S.
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Articles
Amazon says new technology in delivery vans will help sort packages and save time
Amazon expects to put 1,000 delivery vans that contain the Vision-Assisted Package Retrieval technology on the road by early next year.
Amazon boosts warehouse worker pay by at least $1.50 an hour
Employees will start receiving Prime, Amazon’s speedy shipping and video subscription service, as part of their compensation beginning early next year, the company said.
Amazon rakes in $14.2B for Prime Day sale, up 11% from a year ago
Top-selling products included protein shakes, Amazon’s Fire TV Stick streaming device and Glad brand trash bags, according to Numerator.
Amazon Prime Day a big event for scammers, experts warn
Consumers reported losing about $10 billion to fraud in 2023, a 14% jump from 2022. Online shopping scams were the second most-reported form of fraud.
Amazon shifting from air pillows to recycled paper for filling packages
The company said Thursday that it’s already replaced 95% of the plastic air pillows with paper filler in North America and is working toward complete removal by year’s end.
Thousands of drivers file arbitration claims against Amazon for unpaid wages, other losses
Two law firms spearheading the action said about 15,860 Amazon Flex drivers have submitted arbitration claims with the American Arbitration Association, where 453 similar cases are already being litigated.
Amazon gets FAA approval allowing it to expand drone deliveries for online orders
By the end of the decade, the company has a goal of delivering 500 million packages by drone every year.
Study: Amazon warehouse workers say they struggle to afford food, rent
Amazon is the second-largest private-sector employer in the U.S. behind Walmart Inc. and accounts for about 29% of the U.S. warehousing industry workforce, the researchers estimated.
Amazon HQ2 was supposed to add 2,500 jobs last year, but it downsized instead
Amid a shift in work habits prompted by the coronavirus pandemic and a squeeze in the tech industry, the downturn in hiring marks another setback in the boost Amazon had initially promised.
Amazon to invest in Diamond Sports as part of bankruptcy restructuring agreement
Under the terms of the restructuring agreement, Amazon will make a minority investment in Diamond and enter into a commercial arrangement to provide access to Diamond’s content via Prime Video.
Retailers improving delivery speeds, meaning good news for late holiday shoppers
Walmart, Target and Amazon are all-in on the shipping wars, a move retail experts say will help them maintain a competitive edge against low-cost Chinese retailers Shein and Temu.
Amazon to allow customers to buy cars on its site from local car dealers
The announcement on Thursday shows Amazon’s ambitions to grow its footprint through dealers in an industry that has strong lobbying forces and heavy state regulations.
Amazon to sell $2,350 Astro robot for businesses in bid to boost interest
The new model—designed to work as a rolling security guard—costs $750 more than the consumer version, which launched two years ago.
Amazon used algorithm to essentially raise prices on other sites, FTC says
Amazon is accused of violating federal and state antitrust laws, but the company has responded with a full-throated defense of its business practices.
U.S., 17 states sue Amazon alleging monopolistic practices led to higher prices
The long-awaited move seeks to bar the company from allegedly abusing its powers to raise prices for shoppers and levy high fees against businesses that sell on its platform.
Amazon CEO: ‘It’s probably not going to work out’ for employees who defy return-to-office policy
Amazon corporate employees have been pushing back against the company’s return to office policy for months—and it seems the e-commerce giant’s CEO has had enough.
Amazon relaunches shipping service that competes with FedEx, UPS
Amazon has restarted a shipping service it paused in the early days of the COVID-19 pandemic. Amazon Shipping allows sellers to ship Amazon orders or products sold on other sites.
Amazon rolling out AI feature that summarizes product reviews
The company said in a blog post Monday that it will use artificial intelligence to pick out common themes in reviews and summarize them in a short paragraph on the product detail page.
Amazon reports better-than-expected revenue, profit for 2Q
Amazon’s flagship online retail business, which had slowed dramatically following a boom earlier in the pandemic, grew 5%, its best showing since the third quarter of last year.