Amazon - Page 7

Amazon Tech Employees Are Up in Arms over Return-to-Office Mandate

Amazon’s corporate employees are pushing back on the company’s recent return-to-office orders. One employee reportedly commented, “By arbitrarily forcing return-to-office without providing data to support it and despite clear evidence that it is the wrong decision for employees, Amazon has failed its role as Earth’s best employer. I believe this decision will be detrimental to our business and is antithetical to how we make decisions at Amazon.”

Jeff Bezos at Blue Origin press event ( Joe Raedle /Getty)

Not So Prime: Amazon’s Sluggish Growth Forecast Causes Stock to Drop

E-commerce giant Amazon recently reported fourth-quarter sales beating analysts’ estimates, but reported its first unprofitable year since 2014 due largely to its fizzling investment in electric truck builder Rivian. The company’s sluggish first-quarter guidance has caused its stock to drop more than four percent in morning trading.

Jeff Bezos at Blue Origin press event ( Joe Raedle /Getty)