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 ...

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 ...

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 European Commission will launch a probe into Amazon’s tax arrangements in Luxembourg, the EU’s competition chief has confirmed. Speaking with reporters on Tuesday (7 October), Joaquin Almunia said ...