During Amazon's earnings call, Chief Executive Andy Jassy said the e-commerce giant was committed to "meeting or beating ...

Amazon's CEO Andy Jassy aims to make the company the world's largest startup — creating efficiency for the AI era.

Funds own 41% of Nvidia's outstanding shares, according to IBD MarketSurge. Going by its Accumulation/Distribution Rating of ...

The other thing that makes this seem different from past layoffs is who is affected. Amazon has already optimized its ...

Jassy was unequivocal in his reasoning, stating that the move was about organizational structure rather than immediate financial or technological imperatives.

Amazon Web Services (AWS) faces significant organizational bloat, hindering its ability to compete in the AI race, according to a Bloomberg report. Despite CEO Andy Jassy's anti-bureaucracy efforts, ...

It was reported earlier this week that Amazon was to lay off up to 30,000 corporate staff. According to Reuters and The Wall Street Journal, the ...

‘We expect that [AI] will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company,’ said Amazon CEO Andy Jassy in June. The company is reportedly ...

Amazon plans to cut up to 30,000 corporate jobs beginning Tuesday, marking one of the largest workforce reductions in the company’s history. The layoffs will impact multiple divisions, including human ...

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while ...

CEO Andy Jassy has been radically overhauling the tech giant this year through a hardcore culture reset.

The Roomba robot vacuum maker reported in a regulatory filing that its last potential buyer has withdrawn. The company, which has been seeking a sale since its deal with Amazon was scuppered by EU ...