Amazon

Amazon laying off more than 18,000

SEATTLE — Amazon is cutting more than 18,000 jobs, the company announced this month. The e-commerce behemoth said it had hired too many warehouse workers in response to shoppers’ growing preference for online ordering. The company had 1.54 million workers at the end of the third quarter, making it one of the country’s largest employers.

Amazon rolls out Inspire app

SEATTLE — Amazon has launched Inspire — an in-app shopping experience that gives customers a new way to discover ideas, explore products and seamlessly shop from content created by other customers, influencers and brands they love. The app is rolling out to selected customers nationwide in early December, and will be available to all U.S.

Amazon posts profit in Q3

SEATTLE — Amazon reported that its net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in the third quarter of 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased by 19% compared with last year’s third quarter. Net

Amazon posts profit in fiscal third quarter

Amazon posts profit in fiscal third quarter

SEATTLE — Amazon reported that its net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in the third quarter of 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased by 19% compared with last year’s third quarter. Net

Amazon buys primary care provider

SEATTLE — Amazon last month announced a deal to acquire One Medical, a publicly traded primary care company. San Francisco-based One Medical operates on a membership model. Its services are an employee benefit at 8,500 companies. Individuals can purchase a yearly membership for $199, allowing them to access One Medical’s virtual care and same-day appointments

Health care deal boosts Amazon’s disruptiveness

Anyone who had doubts about the depth and durability of Amazon’s commitment to disrupting the health care system should have had those concerns put to rest when the company agreed last month to pay some $3.9 billion to acquire One Medical, a provider of physician-delivered primary care services, and 1Life Healthcare Inc., the network’s administrative

Amazon’s Q2 revenues beat expectations

Amazon’s Q2 revenues beat expectations

SEATTLE — Amazon reported a 7% increase in net sales, to $121.2 billion, for the second quarter, beating analysts’ estimates. The company added that when the $3.6 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter is excluded, net sales increased 10% compared with the second quarter of 2021. The company

Amazon to acquire One Medical for $3.9 billion

Amazon to acquire One Medical for $3.9 billion

SEATTLE — Amazon on Thursday announced a deal to acquire One Medical, a primary healthcare company, for about $3.9 billion. One Medical describes itself as a “human-centered, technology-powered national primary care organization” that aims to make health care more accessible and affordable through a combination of in-person and virtual care. “We think health care is

Amazon introducing delivery by drone

Amazon introducing delivery by drone

SEATTLE – Amazon customers in College Station, Texas, will soon be able to order merchandise and get it delivered by a drone. The news last week followed a recent report that Amazon was working with the Federal Aviation Administration on a plan that would allow shoppers in Lockeford, Calif., to be among the first served

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