Fortunately for us, CEO Andy Jassy was asked to comment on the layoffs during the company’s earnings call Thursday evening.
Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail behemoth reported better than ...
On Tuesday, Amazon laid off 14,000 employees in an effort to improve operations by removing layers of bureaucracy, according ...
Amazon CEO Andy Jassy says the company’s latest big round of layoffs — about 14,000 corporate jobs — wasn’t triggered by ...
Amazon is pouring billions into AI infrastructure. Its cloud boss says the company feels "quite good" about its strategy.
Amazon's Project Rainier, with 500k Trainium2 chips, is live. BoA analyst expects $272 price. Rainier could add $6B to AWS ...
Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but ...
Assessing his itinerary on the Amazon Flex app as smoke billowed around him, Johnny realized that his entire delivery route ...
In other words, companies may be simply saving face by pretending that losing team members and downsizing is really just part ...
Amazon (NASDAQ:AMZN) is gearing up for massive investments in artificial intelligence (AI), with capital expenditures ...
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.