The layoffs will occur within “the next few weeks,” according to Amazon CEO Andy Jassy.
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The marketplace platform has also launched a new storefront aimed to advance inclusive procurement.
The move looks to help Amazon keep pace with the well-established eBay Motors marketplace.
The decision to bypass wholesalers is the latest in a series of cost-cutting measures implemented by Amazon CEO Andy Jassy.
The company plans to implement the new change beginning May 1, more than three years after many staff members began working remotely.
The citations come after inspections at three warehouse facilities in Deltona, Florida; Waukegan, Illinois; and New Windsor, New York.
The cuts are nearly double the 10,000 layoffs Amazon said it was targeting in November.
The company says fees will be adjusted to reflect 'significant investments that we’ve made to improve our shipping speeds and add new features.'
The Occupational Safety and Health Administration says investigations are ongoing in Colorado, Florida, Idaho, Illinois and New York.
The app aims to help businesses better manage their inventory demands.
Amazon Business' scale and capabilities are intimidating. But as Benj Cohen advises here, distributors can fight fire with fire.
The Wall Street Journal reports the layoffs would affect about 3% of corporate staff, not hundreds of thousands of Amazon warehouse workers.
While sales increased over 3Q 2021, net income decreased to $2.9 billion, or $0.28 per diluted share, Amazon said.
3D modeling and machine learning power the new development that aims to increase efficiency in Amazon's fulfillment centers.
Amazon Business's second annual Procurement Report shed some light on the state of the distribution industry and where it might be headed.
The company previously raised average starting pay to above $18 per hour in 2021.
In this latest MDM Quicktake podcast conversation, IRCG’s Founding Partner Mike Marks and MDM’s Tom Gale examine a California lawsuit against Amazon, the trade practices at play for distributors, and the broader issues for how distributors can...
Mike Marks and Tom Gale examine a California lawsuit against Amazon, the broader trade practices at play for distributors and the broader issues for how distributors can differentiate with stronger value propositions.
The eCommerce giant was also sued Sept. 14 by the State of California for violating anti-trust and unfair competition laws.
Sellers can use the new service to store and distribute their inventory within Amazon's fulfillment network.