Amazon posted higher fiscal third quarter profit and sales compared with a year ago, as the online giant kept attracting ...
The cloud over Amazon is lifting. The e-commerce and cloud giant reported Thursday that its cloud unit, Amazon Web Services, ...
In a statement, Amazon Chief Executive Andy Jassy (pictured) said AWS is now growing at a pace that hasn’t been seen since 2022, primarily due to demand for AI resources. “We continue to see strong ...
The holiday hiring rush is officially herre and Amazon is leading the charge.The company sayas it's adding thousands of jobs ...
Fortunately for us, CEO Andy Jassy was asked to comment on the layoffs during the company’s earnings call Thursday evening.
In other words, companies may be simply saving face by pretending that losing team members and downsizing is really just part ...
Amazon reported third-quarter earnings that exceeded expectations, which prompted a 13% rise in its share value during ...
Amazon announced a reorganization that will result in the elimination of 14,000 jobs — and said AI is a leading cause.
Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but ...
Apple and Amazon are due to post earnings after Thursday's market close. Apple, whose market value closed above $4 trillion ...