BRUSSELS (Reuters) - Luxembourg took just two weeks to sign off a partly cosmetic deal that allowed Amazon to shift a large part of its European profits to an untaxed entity, according to EU antitrust ...

The company is set to lay off 370 employees or about 8.5% of its Luxembourg workforce. In 2025, the Big Tech giant had shared plans to cut 14,000 jobs. Also Read: Amazon Doubles Down On AI With New ...

The Court of Justice of the EU rejected an appeal brought by the European Commission against an order of the General Court in favor of Amazon.com (NASDAQ:AMZN) related to certain tax payments in ...

BRUSSELS (Reuters) - Amazon (AMZN) lost its fight against a record 746 million euro ($812.4 million) fine handed out by Luxembourg's privacy regulator four years ago as a court sided with the watchdog ...