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Stockreport

Washington Post begins sweeping layoffs as it sharply scales back news coverage [CBS News]

Amazon.com, Inc. (AMZN)  More Company Research Source: CBS News
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Executive editor Matt Murray announced the layoffs during a Zoom call with employees on Wednesday. The New York Times reported that hundreds of journalists would be impacted. Barry Svrluga, a sports columnist at the Post, said on social media the media outlet plans to close its sports department in its "current form," citing comments made by Murray during Wednesday's call. The Post also plans to shrink the number of journalists it stations overseas. A spokesperson for the newspaper didn't immediately reply to a request for comment. The announcement follows days of speculation that the company, which is owned by Amazon founder Jeff Bezos, was planning to make cuts to its foreign, sports and local desks. Amid media reports about the planned layoffs, some Washington Post reporters last month sent letters to owner Jeff Bezos pleading with the billionaire and Amazon founder not to cut any jobs. "Cutting this deeply sourced, battle-hardened and tireless staff would hinder The Pos [Read more]

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Stockreport

Washington Post begins sweeping layoffs as it sharply scales back news coverage [CBS News]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Executive editor Matt Murray announced the layoffs during a Zoom call with employees on Wednesday. The New York Times reported that hundreds of journalists would be impacted. Barry Svrluga, a sports columnist at the Post, said on social media the media outlet plans to close its sports department in its "current form," citing comments made by Murray during Wednesday's call. The Post also plans to shrink the number of journalists it stations overseas. A spokesperson for the newspaper didn't immediately reply to a request for comment. The announcement follows days of speculation that the company, which is owned by Amazon founder Jeff Bezos, was planning to make cuts to its foreign, sports and local desks. Amid media reports about the planned layoffs, some Washington Post reporters last month sent letters to owner Jeff Bezos pleading with the billionaire and Amazon founder not to cut any jobs. "Cutting this deeply sourced, battle-hardened and tireless staff would hinder The Pos [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS