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