Amazon is laying off 14,000 corporate employees. The company said it's cutting roles to help make the company leaner and less bureaucratic, while it looks to invest in generative artificial ...

Amazon is laying off another 16,000 corporate employees globally, the company confirmed Wednesday morning, the second phase in a restructuring that now totals 30,000 positions — adding up to the ...

Four of the world's five most valuable companies send their shareholders cash every quarter. The fifth is spending more than its operations generate.

Amazon CEO Andy Jassy has been pushing to reduce bureaucracy across the company. (GeekWire Photo / Todd Bishop) Amazon confirmed Tuesday that it is cutting about 14,000 corporate jobs, citing a need ...

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June CEO Andy Jassy, who has aggressively sought ...

Amazon's stock popped more than 13% on Thursday afternoon after the company reported huge growth in the third quarter, including in its cloud business, Amazon Web Services. CEO Andy Jassy said AWS was ...

UBS projects Amazon's net income will reach $509 billion by 2030, nearly sixfold from 2025's $78 billion, which would top NVIDIA's projected $450 billion. Amazon trades at a $2.92 trillion market cap ...

Over 1,000 Amazon employees have anonymously signed an open letter warning that the company’s allegedly “all-costs-justified, warp-speed approach to AI development” could cause “staggering damage to ...