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Stockreport

Washington Post begins sweeping layoffs [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The wide-ranging job losses primarily affected the sports, books and podcast units, according to a source familiar with the situation. Foreign desks were also heavily impacted, along with cuts to business and national teams. “The Washington Post is taking a number of difficult but decisive actions today for our future, in what amounts to a significant restructuring across the company," a Post spokesperson told NBC News. The Post, which has won dozens of Pulitzer prizes — most famously for its Watergate coverage that led to Richard Nixon's resignation in 1974 — has been owned since 2013 by Amazon founder Jeff Bezos. Though many American newspapers have struggled financially in recent years, Bezos is the fourth-richest person in the world, with a net worth of about $260 billion, according to Bloomberg's Billionaire Index . That hasn't spared the paper from layoffs. The latest round of layoffs follows a 4% staff cut roughly a year ago , though those cuts did not affect the newsroo [Read more]
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Stockreport

Washington Post begins sweeping layoffs [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The wide-ranging job losses primarily affected the sports, books and podcast units, according to a source familiar with the situation. Foreign desks were also heavily impacted, along with cuts to business and national teams. “The Washington Post is taking a number of difficult but decisive actions today for our future, in what amounts to a significant restructuring across the company," a Post spokesperson told NBC News. The Post, which has won dozens of Pulitzer prizes — most famously for its Watergate coverage that led to Richard Nixon's resignation in 1974 — has been owned since 2013 by Amazon founder Jeff Bezos. Though many American newspapers have struggled financially in recent years, Bezos is the fourth-richest person in the world, with a net worth of about $260 billion, according to Bloomberg's Billionaire Index . That hasn't spared the paper from layoffs. The latest round of layoffs follows a 4% staff cut roughly a year ago , though those cuts did not affect the newsroo [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