An effort by Amazon warehouse workers in Alabama to form a union looked in question Thursday, as votes against the union effort outnumbered those in favor by more than two-to-one. As of 3:30 PM Pacific time, there were approximately 841 votes against the formation of the union, and 365 votes in favor of it, according to a New York Times live tally of the ballot count. In total, there were...
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Amazon Takes Its Time Delivering Second Round of Job Cuts
Amazon is in the lead! The e-commerce behemoth has moved ahead of Alphabet in the contest to win this year’s IBM Cup, awarded occasionally to the most bureaucratic and slow-moving big tech company around. That’s one takeaway from Amazon CEO Andy Jassy’s explanation today for cutting another 9,000 jobs, on top of the 18,000 layoffs already announced. Jassy said in November the job cuts flowed...
FTX Sues Liquidators of Bahamas Unit
Flagstar Acquires Most of Signature Bank, Excluding Crypto Business
Amazon Laying Off 9,000 More Employees, Including in AWS, Ads, Twitch
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