Amazon begins mass layoffs among its corporate workforce
Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
Nov 16, 2022
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Business
News tagged with current quarter
Business
Amazon posts weaker-than-expected 3Q revenue, stock tumbles
Amazon returned to profitability over the summer after two consecutive quarters of losses, but its stock fell sharply in after-hours trading due to weaker-than-expected revenue and disappointing projections for the current ...
Oct 28, 2022
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42
Business
Facebook parent Meta's revenue, profit decline amid ad slump
Facebook parent Meta on Wednesday reported that its revenue declined for a second consecutive quarter, hurt by falling advertising sales as it faces competition from TikTok's wildly popular video app.
Oct 27, 2022
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4
Business
Google's parent reports slowest quarterly growth in 2 years
Google's revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifying fears of an economic recession.
Jul 26, 2022
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15
Business
Taiwan's TSMC second-quarter revenue rise 44 percent
Taiwanese tech giant TSMC said Thursday its second quarter revenue rose more than 40 percent on continued strong demand for high-performance computing and auto chips.
Jul 14, 2022
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5
Business
Americans are spending again and American Express is booming
Spending at restaurants, shops and entertainment venues has come back in force as vaccines become more common and it fueled a revenue surge at American Express during the second quarter.
Jul 23, 2021
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0
Business
Airbnb and DoorDash log losses as they ride out pandemic
Airbnb and DoorDash on Thursday reported their first financial results as publicly traded companies, each of the tech industry darlings logging losses as they ride out the pandemic.
Feb 26, 2021
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5
Business
GE reports higher profits, sees deeper virus hit in 2Q
General Electric reported higher first-quarter profits Wednesday on a gain from a divestiture, but warned that the current quarter would see a bigger hit from the coronavirus pandemic.
Apr 29, 2020
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0
Business
Samsung Electronics profit slips on virus, more falls forecast
The world's biggest smartphone maker, Samsung Electronics, said Wednesday that net profits in the first quarter were only slightly impacted by the coronavirus pandemic but warned of further falls to come as demand is "significantly" ...
Apr 29, 2020
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3
Business
Coronavirus dims Twitter earnings expectations
Twitter on Monday dialed back its earnings expectations for the current quarter amid a massive disruption in online advertising stemming from the coronavirus pandemic, even though the service has become a hub of conversation ...
Mar 24, 2020
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