Amazon CEO Andy Jassy projects Rufus, the AI shopping assistant, will drive over $10 billion in annual sales. Launched in August, Rufus has already b ...

New Delhi: Amazon is laying off approximately 14,000 corporate workers, which CEO Andy Jassy terms a cultural reset, not an ...

Wall Street loved what it saw from Amazon this week. Yes, despite the layoffs.

CEO Andy Jassy says Amazon’s 14,000 layoffs weren’t about cutting costs or AI taking jobs: ‘It’s culture’ Amazon’s CEO has ...

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

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into ...

As Amazon’s wave of corporate layoffs starts to ripple across the country — including with 1,403 job cuts in California — CEO Andy Jassy took an opportunity to defend the move on Thursday.  During the ...

Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to ...

The domination of e-commerce is inevitable and will only come faster thanks to the emerging technology, even if physical stores represent opportunity for now, Andy Jassy told analysts Thursday.

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

Amazon.com plans to continue spending on capacity to meet demand for artificial intelligence and cloud products.

Amazon CEO Andy Jassy said that he was "very excited" about so-called agentic commerce — that is, when AI bots help humans ...