Layoffs signal labor market recalibration
Recently announced layoffs at Amazon and Microsoft may signal a recalibration of the U.S. labor market. Amazon said it will cut 18,000 jobs while Microsoft said it will slash 10,000.
Alexa, that isn’t Elvis! New music shuffle irks Amazon Prime users
Amazon has downgraded its Prime tier of Amazon Music to something akin to Pandora internet radio. To use playlists customer most upgrade to the Unlimited tier.
Amazon hit with OSHA citations at 3 facilities due to 'ergonomic hazards' for workers
OSHA has issued citations against three Amazon facilities for conditions they say exposed workers to risk of lower back and other musculoskeletal injuries.
Over 25,000 global tech workers laid off since start of 2023
Data from Layoff.ai shows over 25,000 global tech workers have lost jobs in the first few weeks of the new year, underscoring how troubles persist in the tech industry.
Amazon begins cutting 18,000 workers in its biggest layoffs ever
Andy Jassy announced that Amazon employees impacted by its largest layoff in history will start to get notified Wednesday. The company plans to lay off just over 18,000 people.
Battered tech sector holds biggest upside for large-cap stocks: Jon Najarian
RSM U.S. chief economist Joe Brusuelas and Market Rebellion co-founder Jon Najarian discuss how the December CPI report could impact Fed rate hikes on 'The Claman Countdown.'
US labor board upholds Amazon workers' union victory
A U.S. labor board director upheld an Amazon worker's union victory, moving the e-commerce giant closer to negotiating a contract.
Netflix powerful enough to catapult shows into the zeitgeist: Mark Mahaney
Evercore ISI fundamental research analyst Mark Mahaney tells 'The Claman Countdown' why he loves Netflix in 2023 and reveals investment opportunities in the maligned tech sector.
Concerns over a 'white collar recession' grow as Goldman Sachs, Morgan Stanley, Amazon and others cut jobs
With Goldman Sachs beginning layoffs this week, many are worried that the worst is yet to come for professionals across all industries as the Federal Reserve battles inflation.
Amazon, Tesla in better shape than investors think: Ray Wang
Constellation Research founder Ray Wang reveals his top tech picks for 2023 on 'Varney & Co.'
Tech stocks headed for ‘bloodbath’ in 2023, more ‘job threats’ expected
Tech stocks are positioned to fall again in 2023 as the U.S. Federal Reserve continues interest rate hikes to slow inflation
Mark Tepper warns of a ‘rude awakening’ for the markets
Lexerd Captial Management Founder Al Lord and Strategic Wealth Partners CEO Mark Tepper discusses the December ADP, the Federal Reserve’s management of inflation and rate hikes, and the labor market.
Amazon job cuts increase to 18,000
Amazon announced Wednesday that it will cut a larger-than-expected 18,000 jobs, the most in company history.
Tech industry layoffs unfolding at faster rate than at any time during COVID-19 pandemic: report
Tech companies across industries saw more than 150,000 layoffs in 2022 -- up from the 80,000 layoffs from March to December of 2020 as larger Meta and Amazon slash their workforce.
Mark Mahaney on markets: We weren't cautious enough in 2022
Evercore ISI senior managing director Mark Mahaney discusses his handling of the market going into 2023, arguing he's turned 'more tactically constructive.'
Unionization stalls at Amazon as turnover, company efforts stymie activism
The organizing of labor unions at Amazon factories that took off during the pandemic might stall as turnover makes getting the votes needed more difficult.
Amazon Prime drones deliver Christmas gifts
Amazon's Prime Air delivery service launched in two cities before Christmas, delivering packages via drone to customers in the states of California and Texas.
Amazon, Google facing short-term challenges: Mark Mahaney
Evercore ISI senior managing director Mark Mahaney explains why he is lowering his price targets on two Big Tech stalwarts on 'Varney & Co.'
Traditional retail stocks are kicking Amazon's butt
Consumers are back in shopping centers as traditional retail stocks rebound on Wall Street while outperforming Amazon, Overstock and eBay.
Laundry detergent recalled due to bacteria exposure risk
Art of Green laundry detergent products are being voluntarily recalled because they may contain pseudomonas aeruginosa, a potentially harmful bacteria.