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UPS, Amazon

Business Insider on MSN · 1h

UPS plunged after saying it'll deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'

UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said. Shares plunged.

Wall Street Journal · 10h

UPS Stock Plunges on Plan to Halve Amazon Deliveries

UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall Street expected this year.

Hosted on MSN · 1h

UPS shares tank 17% after weak guidance, plan to slash Amazon deliveries by more than half

UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.

Amazon Cuts Dozens of Corporate Jobs

Geekwire on MSN · 2h

Amazon’s latest job cuts impact corporate communications and sustainability employees

Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its communications

Bloomberg on MSN · 23h

Amazon Cuts Dozens of Corporate Jobs in Latest Round of Layoffs

Amazon.com Inc. is laying off dozens of people in its communications department, the latest culling of the corporate workforce amid executives’ efforts to cut costs and reduce bureaucracy.

Business Insider · 12h

Amazon (NASDAQ:AMZN) Undertakes Another Round of Layoffs

Amazon (AMZN) has initiated another round of layoffs as part of its ongoing efforts to streamline operations and reduce costs. As per the

1h

UPS Stock Falls After Amazon Business Cut

The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.

4h

Big Retailers Find Big Profits Imitating Amazon’s Ad Business

Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping ...

5h

Amazon Music Unlimited pulls a Spotify, hikes individual and family pricing

Amazon Music Unlimited individual and family plans now cost more. Here’s how much you’ll have to pay to access the streaming ...

5h

UPS says 2025 revenue to slide on fewer Amazon deliveries; shares drop

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...

2hon MSN

Where to buy Nvidia RTX 5080 and 5090 GPUs: Latest stock updates from Newegg, Best Buy, and Amazon

When you buy through our links, Business Insider may earn an affiliate commission. Learn moreDay one stock of the brand new ...

16hon MSN

Amazon Music Unlimited raises prices on individual and family plans

Amazon Music is the latest streaming company to announce a price increase. In an email sent to subscribers, Amazon indicated ...

5hon MSN

UPS slashes Amazon exposure in hit to 2025 forecasts, shares slide

United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon, ...

46m

Amazon has this REDTIGER 4K wireless dash cam with night vision on sale for only $80 in a secret deal

Amazon has this REDTIGER 4K dash cam on sale with an extra $20 discount available that drops the price even lower. Here's the ...

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