Amazon CEO Reveals the Real Reason Behind the Company’s 14,000 Job Cuts — And It’s Not Because of AI or Cost Cutting

Amazon slashed 4% of its 350,000-person global corporate workforce, marking one of the largest job cuts in the company's ...
Retail Dive

AI will accelerate the end of brick and mortar’s reign: Amazon CEO

The domination of e-commerce is inevitable and will only come faster thanks to the emerging technology, even if physical ...

Amazon could be a 'top three' grocery player in the U.S., Jassy says

Amazon CEO Andy Jassy said that even without counting Whole Foods — the high-end grocery store chain it bought in 2017 — and ...

Amazon stock hits record, lights up ETFs

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into the next few months giving him 'significant confidence' he said.

Amazon's Jassy touts future of AWS, grocery delivery, and AI-integration in retail

Amazon (AMZN) shares continued to gain ground in late trading on Thursday with the company’s earnings call highlighting the ...

Amazon just explained why it laid off 14,000 workers. It’s not what you expected

Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.” ...

Amazon to cut 30,000 corporate jobs — 9% of worldwide office workforce: report

The sweeping layoffs mark another major contraction under CEO Andy Jassy, who has slashed tens of thousands of roles since ...