Fortunately for us, CEO Andy Jassy was asked to comment on the layoffs during the company’s earnings call Thursday evening.
The AI-related layoffs at Amazon and some other firms reflect a "hollowing out of middle-skilled workers," Lynn Wu, a ...
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 announced a reorganization that will result in the elimination of 14,000 jobs — and said AI is a leading cause.
Retail job losses are surging, with Amazon and Target cutting nearly 32,000 corporate jobs combined, signaling a major ...
Amazon's Project Rainier, with 500k Trainium2 chips, is live. BoA analyst expects $272 price. Rainier could add $6B to AWS ...
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Amazon’s Coming AI Cash Burn: Bullish Signal or Time to Sell?
Amazon (NASDAQ:AMZN) is gearing up for massive investments in artificial intelligence (AI), with capital expenditures ...
Amazon CFO Brian Olsavsky shared that the company has increased its full-year capital expenditure projections to $125 billion ...
The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will ...
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