Amazon is reporting third-quarter earnings on Thursday, days after the company announced it's laying off 14,000 people.
Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but ...
CNBC’s MacKenzie Sigalos reports on Amazon’s third-quarter earnings as investors zero in on cloud momentum and whether heavy ...
Amazon said on Oct. 28 that it is cutting thousands of corporate jobs. What does this mean for its Floridian employees?
Fortunately for us, CEO Andy Jassy was asked to comment on the layoffs during the company’s earnings call Thursday evening.
Amazon stock has climbed less than half the benchmark S&P 500 over the past five years.
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong ...
The cuts are the first ​step in layoffs expected to ​affect as many as 30,000 jobs​, or ​about 10% of the online giant’s ...
The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
Amazon is pouring billions into AI infrastructure. Its cloud boss says the company feels "quite good" about its strategy.
Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will ...
Amazon says that it will cut an estimated 14,000 jobs from its corporate workforce as it focuses on “reducing bureaucracy, ...