SATIS_1170x120_1-25-21

Amazon

Amazon to pay employees’ college tuition

Amazon to pay employees’ college tuition

SEATTLE — Amazon said Thursday that it will fund full college tuition for its front-line employees as part of a $1.2 billion investment in expanded education and skills training benefits for its U.S. employees. Along with college tuition, the company’s Career Choice program will fund high school diplomas, GEDs, and English as a Second Language

Amazon’s sales growth slows in second quarter

Amazon’s sales growth slows in second quarter

SEATTLE — Amazon on Thursday reported net sales of $113.1 billion for the second quarter, an increase of 27% compared with the same period last year. That result fell short of analysts’ expectations, and the company’s stock fell in after-hours trading. Like many retailers, Amazon is facing tough comparisons with 2020, when the pandemic drove

Amazon to acquire MGM movie studio

Amazon to acquire MGM movie studio

SEATTLE  — Amazon has agreed to acquire the entertainment company MGM in an $8.45 billion deal. Amazon said that the storied film and television studio, with nearly a century of filmmaking history, will complement its own Amazon Studios unit, which is focused on producing TV show programming. Amazon said it will help preserve MGM’s heritage

Amazon introduces mental health benefit

Amazon introduces mental health benefit

SEATTLE — Amazon on Thursday introduced a new mental health benefit for U.S. employees and their families that includes access to free counseling sessions. “Easy and affordable access to mental health care has become increasingly important as we all continue to navigate different everyday challenges,” said Beth Galetti, Amazon senior vice president of People eXperience

Amazon posts 44% sales increase in first quarter

Amazon posts 44% sales increase in first quarter

SEATTLE — Amazon, a leading beneficiary of the surge in online shopping during the pandemic, on Thursday reported double-digit sales and earnings gains for the first quarter. Net sales increased 44% to $108.5 billion in the three months ended March 31, compared with $75.5 billion in the comparable period in 2020. The increase was 41%

Amazon expands in-garage grocery delivery

Amazon expands in-garage grocery delivery

SEATTLE — Amazon said Tuesday that it is expanding a service that delivers groceries into customers’ garages to every market where its regular grocery delivery service is available. Originally launched in five cities last November, the Key by Amazon In-Garage Grocery Delivery service will now be available in more than 5,000 U.S. cities and towns.

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