Amazon lost $2.7 billion in 2022, the company announced on Thursday. This was despite holiday-season sales growing 9%. The company's shares fell in after-hours trading.
Separately, the company faces a protracted fight against an upstart unionization push. Amazon last monthat a Staten Island warehouse. Federal labor officials ordered the company to begin bargaining with the Amazon Labor Union. But the matter is likely to reach courts.
In recent weeks, Amazon received a series of citations for safety violations from federal inspectors at the Occupational Safety and Health Administration. This is for six warehouses in Colorado, Florida, Idaho, Illinois and New York.from twisting, bending and lifting that they perform as much as nine times per minute. The company was expected to appeal, and a spokesperson said the allegations didn't"reflect the reality of safety at our sites.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Amazon reports its first unprofitable year since 2014The biggest culprit was Amazon hefty investment in the electric automaker Rivian, whose value plummeted last year. Amazon also contends with the need to recalibrate after a pandemic-era upsurge.
Baca lebih lajut »
Amazon stock falls after earnings miss shows worst annual loss on record, least profitable holiday quarter since 2014Amazon reported its least profitable holiday quarter since 2014, leading to the biggest annual loss on record for the company. $AMZN reported a holiday profit of $278 million, or 3 cents a share, up from $1.39 a share a year ago:
Baca lebih lajut »
Rivian Celebrates Production Milestones And Progress: 25,000 EVsRivian's VP of Manufacturing Tim Fallon shared this look back at 2022 - the company's first full year of production, and a view ahead at 2023.
Baca lebih lajut »
Rivian to lay off 6% of its workforce as EV price war concerns growThe CEO of EV maker Rivian told employees that the company will make the layoffs as the company refocuses to conserve cash.
Baca lebih lajut »
Rivian Initiates a Second Round of Layoffs, Cutting 6% of WorkforceIn a note to employees sent Wednesday, Chief Executive RJ Scaringe said Rivian plans to trim another 6% of its workforce.
Baca lebih lajut »
Rivian cuts 6% of workforce, spares assembly-line workersThe workforce reduction is the second in the last year for the EV maker and represents around 800 employees.
Baca lebih lajut »