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The FTC sued Amazon in federal court in Seattle

Amazon duped millions into enrolling in Prime - US FTC

The US Federal Trade Commission has accused Amazon.com of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent and making it hard for them to cancel, the agency's latest action against the ecommerce giant in recent weeks.

Business • 22 Jun 23

An adviser to Europe's top court said today that Amazon Amazon should not pay €250m in back taxes to Luxembourg

Amazon should not pay $268m in Luxembourg back taxes

Amazon should not pay €250m in back taxes to Luxembourg as ordered by EU competition enforcers, an adviser to Europe's top court said today, as she cited errors in the EU regulator's assessment.

Business • 08 Jun 23

Amazon last night reported a profit of $3.2 billion on revenue that climbed 9% to $127.4 billion in the first quarter

Amazon cloud and ad revenue grows as shoppers cautious

Online retail titan Amazon last night said its cloud and ads units helped it beat earnings expectations in the first quarter of this year despite shoppers and businesses being more careful about spending.

Business • 28 Apr 23

Amazon said the job cuts would be mostly in its AWS, advertising and Twitch units

Amazon to lay off 9,000 more workers worldwide

Amazon is to cut another 9,000 jobs from its global workforce.

Business • 20 Mar 23

n December, on behalf of Amazon Web Services (AWS), Universal Developers LLC lodged plans with the Council for the three new data centre buildings

Council raises questions over Amazon's data centre plan

Fingal Co Council has stated that it is not satisfied Amazon Web Services (AWS) has fully demonstrated that its plan to build three data centres in north Dublin accords with revised Government policy on data centres.

Business • 20 Feb 23

More than 350 Amazon staff at its Coventry warehouse are due to take further industrial action on February 28, March 2 and March 13-17

Amazon workers at UK warehouse set further strike dates

Workers at an Amazon warehouse in Britain will walk out for seven further days in an escalation of a dispute over pay, their trade union said today.

Business • 13 Feb 23

Facing high inflation and recession fears, Amazon has embarked on an extensive cost-cutting move

Amazon's outlook disappoints as budgets stay tight

Amazon.com said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending.

Business • 03 Feb 23

Amazon has lodged plans for three new data centres to the north of Mulhuddart in north Dublin

Amazon lodges plans for 3 new data centres for Dublin

Online retail giant, Amazon has lodged plans for three new data centres for its data centre campus to the north of Mulhuddart in north Dublin.

Business • 26 Jan 23

Amazon security staff keep an eye on members of the GMB union in Coventry, as Amazon workers stage their first ever strike in the UK in a row over pay

Striking Amazon workers say they have 'nothing to lose'

Amazon workers staging their first ever strike in the UK in a dispute over pay have "nothing to lose", a union has said.

World • 25 Jan 23

Amazon has the right to appeal the decision to a wider panel at the US National Labor Relations Board

Amazon workers' union victory upheld in US

A US labor board director has upheld Amazon workers' landmark union victory at a warehouse in New York, according to a decision issued Wednesday, bringing the online retailer closer to having to bargain with staff on a contract.

Business • 12 Jan 23

All workers at the sites will be offered roles at other Amazon locations.

Amazon plans to shut three UK warehouses

Amazon has revealed plans to shut three UK warehouses in a move which will impact 1,200 jobs.

Business • 10 Jan 23

The cuts amount to 6% of Amazon's roughly 300,000-person corporate workforce

Ireland not major target for Amazon job cuts - Coveney

Minister for Enterprise, Trade and Employment Simon Coveney has said he believes there will be some impact in Ireland following Amazon's decision to cut 18,000 jobs globally.

World • 05 Jan 23

An Amazon electric delivery truck, developed by electric vehicle maker Rivian

US tax credits to jolt electric delivery truck demand

The US will introduce incentives on January 1 for delivery firms and other companies to switch to electric trucks as part of a broad push to get polluting, workhorse vehicles off the roads.

Business • 29 Dec 22

Today's settlements will save Amazon from a fine of up to 10% of its global turnover

Amazon agrees deal in 3 EU antitrust cases, avoids fine

Amazon has today reached a settlement with the European Union in three antitrust probes after the US online retailer addressed the EU's concerns over its use of sellers' data.

Amazon • 20 Dec 22

The Make Amazon Pay initiative, which made the call for strikes, said industrial action was planned in over 30 countries

Amazon workers urged to strike on Black Friday

Some workers at Amazon sites in Germany and France downed tools today - Black Friday - as part of a move across the world to target the online retailer on one of the busiest shopping days of the year with calls for better pay.

Business • 25 Nov 22

Amazon employs around 5,000 people in Ireland

Varadkar: No Irish Amazon job cuts currently planned

Tánaiste Leo Varadkar has said that his initial advice from the IDA, which has been in touch with Amazon, is that no job losses are currently anticipated for Ireland.

Business • 16 Nov 22

The cuts will focus on the e-commerce giant's devices unit

Amazon plans to lay off 10,000 people - NYT reports

Amazon is planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, the New York Times has reported, citing people with knowledge of the matter.

Business • 15 Nov 22

The unit that houses Alexa has posted an operating loss of more than $5 billion a year, the WSJ reported, citing documents.

Amazon reviewing unprofitable business units

Amazon.com is undertaking a review of its unprofitable businesses, including the devices unit that houses voice assistant Alexa, to cut costs, the Wall Street Journal reported today, sending its shares up 11%.

Business • 10 Nov 22

Tánaiste Leo Varadkar visited the company's new 'fulfilment centre' in Dublin and unveiled a plaque to mark its official opening

Amazon officially opens processing centre in Dublin

Amazon has said it has no announcement to make, at this time, about a possible future Irish-specific website.

Business • 17 Oct 22

First packages shipped from Amazon's new Dublin centre

Amazon has started shipping items to customers from its new fulfilment centre in Dublin.

Dublin • 02 Sep 22

The online retailer projected net sales between $125 billion and $130 billion for the summer period

Sales up at Amazon despite rising prices

Amazon has said it expects a jump in third-quarter revenue, as the retailer collects bigger fees from Prime loyalty subscriptions and as consumer demand remained high in spite of rising inflation.

Business • 29 Jul 22

Shoppers in Germany, Amazon's second-biggest market after the United States, will see fees for an annual Prime membership rise 30% to €89.90.

Amazon to raise Prime prices in Europe

Amazon.com will raise fees for its delivery and streaming service Prime in Europe by up to 43% a year, the online retailer said today, as it moves to counter higher costs days before it reports quarterly financial results.

Business • 26 Jul 22

The Commission has given rivals and customers until September 9 to respond

Amazon offers concessions to end EU competition probe

Amazon has offered to refrain from using sellers' data for its own competing retail business and boost the visibility of rival products on its platform, EU regulators said today.

Business • 14 Jul 22

GameStop was at the heart of a meme-stock trading phenomenon in 2021, when retail investors banded together on social media forums to punish hedge funds that had bet against the stocks

GameStop fires chief financial officer, shares fall

GameStop has terminated the employment of Chief Financial Officer Michael Recupero, sending shares of the video game retailer down 8% in extended trading.

Business • 08 Jul 22

The CMA has opened a probe into whether Amazon's practices that affect sellers on its domestic marketplace may be anti-competitive

Amazon faces UK competition probe

Britain's competition watchdog is investigating Amazon.com on concerns it was hurting competition by giving its own sellers an unfair advantage in its marketplace over third parties.

Business • 06 Jul 22