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 finally spoken up about the company’s 14,000 layoffs earlier this week, and he claims the motive was not at ...
Opinion

Seattle’s tech paradox: Amazon’s layoffs collide with the AI boom — or is it a bubble?

Amazon’s latest layoffs collide with an AI boom that’s reshaping Seattle’s tech scene. On this week’s GeekWire Podcast, we unpack Andy Jassy’s “startup” logic, debate whether AI is a true revolution ...

Amazon CEO calls layoffs a cultural reset: What happens to workers who can’t keep up with AI?

Amazon's recent job cuts are sparking global unease. CEO Andy Jassy cited cultural fit, not finances, for the layoffs. This ...

The “Shoes For Amazon.com (AMZN) Are Now Big,” Says Jim Cramer

Amazon.com, Inc. (NASDAQ:AMZN) was due to report its earnings when this show was aired. The results saw the firm deliver 20% growth with its crucial Amazon Web Services cloud business.

How Amazon flipped the script on a challenging week

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

Andy Jassy Reveals Real Reason Behind Amazon 14,000 Job Cuts — And It’s Not AI

Andy Jassy’s comments reflect Amazon’s ongoing push to reshape its internal culture. As reported by Business Insider, he has been focused on raising performance standards, tightening discipline, and ...