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Sources and a memo: Amazon plans to cut 370 jobs, or ~8.5% of its 4,370 employees, at its European HQ in Luxembourg, the country's biggest layoffs in 20 years (Benoit Berthelot/Bloomberg)

Benoit Berthelot / Bloomberg : Sources and a memo: Amazon plans to cut 370 jobs, or ~8.5% of its 4,370 employees, at its European HQ in L...

29 June 2024

Source: Amazon plans to use a controversial trade rule used by Temu and Shein, which exempts packages worth $800 or less from tariffs, for its discount section (The Information)

The Information:
Source: Amazon plans to use a controversial trade rule used by Temu and Shein, which exempts packages worth $800 or less from tariffs, for its discount section  —  Amazon is planning to use the same controversial trade rule as Temu and Shein to import items sold on its upcoming discount …

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