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Why Amazon pays employees $5,000 to quit

Amazon has a solution for employees who no longer want to work there — pay them to quit. Once a year, the company offers to pay full-time associates at Amazon fulfillment centers up to $5,000 to leave the company. Employees are eligible after one year of service, but...

Tesco shuts its online non-food website, Tesco Direct

Tesco is shutting down its clothing and homewares website Tesco Direct in a surprise move that puts 500 jobs at risk. Staff were briefed on Tuesday afternoon about the decision to close the loss-making website which was the supermarket giant’s attempt to take on Argos...

Amazon Tests Ad Tool That Rivals Google, Criteo

Amazon.com Inc. is taking its most assertive step yet into the digital-advertising market by testing a new display ad offering that threatens multibillion-dollar revenue streams at Google and firms like Criteo SA. The tool lets merchants selling on Amazon’s online...