Amazon’s CEO Andy Jassy has a new buddy tagging along on all his calls—otherwise known as a shadow advisor. And in this case Alex Dunlap is Jassy’s newly-appointed “shadow,” according to internal org charts as viewed by Business Insider.
This time, the CEO picked a 17-year AWS veteran who has experience with business applications.
Amazon workers shared complaints of packed parking lots, not enough desks or meeting rooms, office theft, poor hygiene from co-workers and excess traffic.
Analyst Laura Martin of Needham maintained a Buy rating on Amazon (AMZN – Research Report), retaining the price target of $250.00.Invest with
INRIX has been tracking data surrounding the impact of Amazon's five days a week in-office mandate on traffic in the Seattle area.
We’re always looking at our team structures to ensure we’re best set up to move fast as we innovate for customers,” an Amazon rep told The Post.
The cuts are focused in Amazon’s core retail unit, which spans a wide range of businesses, including fashion and fitness, Prime and private label brands.
Amazon CEO Andy Jassy, left, speaking with Seattle Mayor Bruce Harrell at an event in Seattle last year to announce new funding for affordable housing
Amazon has reported a very high operating margin in AWS for the last three quarters, which has helped boost the overall operating income and EPS. Read more here.
Wall Street analysts are optimistic about Amazon's earnings season. Needham analyst reiterates Buy rating & $250 target, while BofA maintains Buy with $255 target. Former employees share insights on Amazon's culture & CEO Jassy's leadership.
Amazon has acknowledged that it is cutting off about 200 workers in its North America retail division. TakeAway Points: Amazon acknowledged that it is laying off roughly 200 workers in its North America retail division.
Just because a stock has had a strong few years doesn't mean it can't have more upside. Anchoring to past price points can hurt investors, which is why investors need to keep an open mind to all stocks at all times. Otherwise, they can miss huge multiyear runs.