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Top Retail Sector News
Amazon · United StatesAmazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would reduce Amazon’s corporate workforce in the next few years.See the Story
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates
55% Center coverage: 417 sources
Asda · EnglandAsda has confirmed the sale of the ‘healthier’ fast-food chain Leon to former co-founder John Vincent. EG Group, the forecourt business operated by the Issa brothers, bought Leon for £100m in 2021. Two years later, the restaurant chain was passed (more…) The post Asda Sells Leon Chain Back To Co-Founder appeared first on KamCity.See the Story
