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Amazon, UPS
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.
UPS reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for its largest customer, Amazon.com, a surprise move that sent shares tumbling as much as 18%.
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
Amazon Cuts Dozens of Corporate Jobs
Amazon’s latest job cuts impact corporate communications and sustainability employees
Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its communications
Amazon Cuts Dozens of Corporate Jobs in Latest Round of Layoffs
Amazon.com Inc. is laying off dozens of people in its communications department, the latest culling of the corporate workforce amid executives’ efforts to cut costs and reduce bureaucracy.
Amazon cuts jobs in Sustainability department
Amazon is eliminating roles in its Communications and Sustainability departments, per an internal memo seen by TechCrunch. © 2024 TechCrunch. All rights reserved. For personal use only.
Amazon Music Unlimited Price Hike
Amazon Hikes Prices on Unlimited Music Plans
Amazon is raising prices on its Music Unlimited plans, coming two months after it added access to Audible's collection of audiobooks.
Amazon Music Unlimited Prices Increase in U.S., U.K. and Canada
Amazon Music raised prices for Unlimited subscribers in the U.S., U.K. and Canada, matching Spotify by raising its individual plan to $11.99 a month.
Amazon Music Unlimited pulls a Spotify, hikes individual and family pricing
Amazon Music Unlimited individual and family plans now cost more. Here’s how much you’ll have to pay to access the streaming service.
6h
on MSN
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
2h
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
6h
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
1h
on MSN
Amazon ramps up ad spending on Elon Musk's X, WSJ reports
Amazon.com is increasing its advertising on billionaire Elon Musk's social media platform X, the Wall Street Journal reported ...
2d
Amazon Prime Security Warning As Hackers Strike—What You Need To Know
Amazon Prime customers have been warned of a new hacking campaign that could cost them dearly—here’s what you need to know.
2d
on MSN
Whole Foods CEO’s role expands to oversee Amazon’s entire worldwide grocery initiatives
Jason Buechel will expand his role to oversee Amazon’s Worldwide Grocery Stores business, including Amazon Go convenience ...
5h
Amazon has this REDTIGER 4K wireless dash cam with night vision on sale for only $80 in a secret deal
Amazon has this REDTIGER 4K dash cam on sale with an extra $20 discount available that drops the price even lower. Here's the ...
2d
Amazon Drones Set To Return To The UK After Near-Decade Wait
Amazon's delivery drones are set to return to British skies, nine years after they were first trialled near Cambridge.
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