The Federal Trade Commission (FTC) plans to investigate Amazon’s Prime subscription service. Concerns have been raised over the company’s alleged deceptive practices. The FTC claims Amazon did the following: The lawsuit comes only ahead of Prime Day. This event is one of Amazon’s biggest sales days this year – held on July 11 and 12. Amazon Enrolling Customers in Prime Without Consent? FTC is examining whether Amazon engages in unfair or misleading practices. They believe Amazon intentionally makes it difficult for customers to cancel their Prime subscriptions. Critics argue that…
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Amazon Layoffs Hit Corporate Workforce, Entertainment, Travel, and Hospitality
Amazon has announced that it will cut 9,000 jobs amid economic uncertainty. The company stated that the job losses would primarily affect its corporate workforce. This would focus on employees working in the entertainment, travel, and hospitality divisions. Amazon to Cut 9,000 Jobs The company has also been experiencing significant growth, with revenue increasing by 44% in the fourth quarter of 2020 compared to the previous year…. Some have criticized the decision to cut jobs. Concerns were raised over the impact on workers and the wider economy. Others have argued…
Read MoreAmazon Not Taking Care of Its Employees and Customers
Amazon is deteriorating as a business. How Amazon has been managing its business operations these past few years could’ve been better. So far, we’ve seen how Amazon: Became the first company in history to lose $1 trillion Bought a primary healthcare company to get access to patient data Invaded customer privacy with Amazon Sidewalk Put customer’s households in danger with Amazon Key There’s also an astonishing lack of respect given to employees and contractors. It’s disappointing to see a once successful giant faltering in such a way. Amazon Not Taking…
Read MoreAmazon Becomes the First Company in History to Lose $1 Trillion
It’s about time something finally happened to that big, invasive tech company. Amazon has been monopolizing the market for far too long. Moreover, we’ve seen how Jeff Bezos disregarded the safety of his workers and customers… Losing a trillion dollars is a start, but it’s not nearly enough justice. Amazon Loses $1 Trillion Amazon became the world’s first public company to lose $1 trillion in market value. This is due to rising inflation, tightening monetary policies, and disappointing earnings updates. Amazon shares fell 4.3%, pushing its market value down to…
Read MoreAmazon Sued for Discrimination. Do You Still Trust Them?
Conservatives continue to lose trust in Amazon. Some say that the company is biased against them. Others believe that Amazon is secretly working with the liberals. So far, we’ve seen how Amazon: Bought a primary healthcare company to get access to patient data Invaded customer privacy with Amazon Sidewalk Put customer’s households in danger with Amazon Key Now, there are issues about Amazon being involved in racial discrimination. There is also news that the Big Tech company is manipulating its views and comments on Amazon Prime. There is no doubt…
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