Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
6 October 2022 | Other

Amazon freezes hiring in retail business

Amazon.com Inc

A slowdown in online sales has caused difficulties for e-commerce giant Amazon.com Inc. The company has suspended hiring for corporate positions in its retail business.

In a statement, Andy Jesse, Amazon's chief executive, said the company would phase out some of its pandemic-era warehouses, as well as employees. Bloomberg said in September that Amazon had closed, postponed or abandoned plans to build dozens of warehouses in the U.S. and Europe.

Amazon laid off nearly 100,000 people between March and June, most of whom were laid off, the company said. This was the largest quarterly layoff in the organization's history. As of June 30, Amazon had employed more than 1.5 million full- and part-time workers.

Company MarketCheese

Recommended

United States. CFTC Copper speculative net positions. The value of the indicator has increased from 41.2K to 49.1K
5 December
United States. CFTC Aluminium speculative net positions. The value of the indicator has increased from -1.4K to -1K
5 December
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 39.8K to 65.6K
5 December
Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -65.8K to -73.9K
5 December
United States. CFTC S&P 500 speculative net positions. The value of the indicator has decreased from -145.3K to -150.1K
5 December
Top news
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
5 December
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
5 December
European Union. GDP (QoQ). The value of the indicator has increased from 0.2% to 0.3%
5 December
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to 0%
4 December
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to -0.3%
2 December
All news

Forecasts

Gold buy
Period: 15.12.2025 Expectation: 16000 pips
Gold needs to cool off ahead of its next leg up
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
Today at 10:26 AM 65
Lyra_Moonwell1
Silver buy
Period: 19.12.2025 Expectation: 1000 pips
Silver poised to consolidate above $59 following correction
FA Other Indicators Chart analysis
Today at 09:52 AM 29
Tom_Kern
S&P 500 sell
Period: 15.12.2025 Expectation: 1900 pips
S&P 500 rally faces key test before Fed meeting
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Today at 06:27 AM 32
Emily_Foster
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
FA Other Indicators Chart analysis
05 December 2025 57
John_Bullard
GBPUSD sell
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
05 December 2025 58
Lyra_Moonwell1
USDJPY sell
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
TA Other FA Other
05 December 2025 36
McCarthy_Raymond
Go to forecasts