Amazon's stock popped 13% on Thursday afternoon, fueled by huge Q3 growth at AWS. The earnings call with analysts is ...
Amazon said on Oct. 28 that it is cutting thousands of corporate jobs. What does this mean for its Floridian employees?
Amazon CEO Andy Jassy said that even without counting Whole Foods — the high-end grocery store chain it bought in 2017 — and ...
As Amazon trims staff and makes a bigger push toward AI and robotics, Jassy said the latter was also a "very substantial area ...
CEO Andy Jassy clarifies Amazon's 14,000 job cuts were due to cultural misalignment, not cost or AI.
Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.” ...
Amazon CEO Andy Jassy says the company’s latest big round of layoffs — about 14,000 corporate jobs — wasn’t triggered by financial strain or artificial intelligence replacing workers, but rather a ...
Amazon’s third-quarter profit jumped 38% to $21.2 billion, boosted in part by a $9.5 billion paper gain on its investment in ...
The e-commerce giant's Amazon Web Services division, which recently suffered a global outage, saw revenues jump 20 percent to ...
The tech company’s Bay Area job cuts are part of Amazon’s worldwide elimination of several thousand jobs. In an Oct. 28 open ...
The e-commerce giant said Amazon Web Services is growing at its fastest rate since 2022, driven by AI. Shares surged in after ...
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and automating processes Read more at The Business Times.