Powell said companies are “making money in building [data centers]—it’s not about 25 basis points here or there.” ...

Amazon CEO Andy Jassy said the company’s 14,000 job cuts were driven by cultural goals, not financial pressure or AI shifts.

Amazon CEO Andy Jassy said the company’s grocery business topped $100 billion in sales, making it one of the top three U.S.

Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to ...

Amazon’s cash tax payments fell 45% in the third quarter, driven largely by the One Big Beautiful Bill Act of 2025, even as ...

The tech giant axed 14,000 roles, and more layoffs could be coming in 2026. Employees might wonder why it's necessary, and ...

The domination of e-commerce is inevitable and will only come faster thanks to the emerging technology, even if physical ...

Amazon slashed 4% of its 350,000-person global corporate workforce, marking one of the largest job cuts in the company's ...

Amazon's CEO Andy Jassy aims to make the company the world's largest startup — creating efficiency for the AI era.

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 ...

Jassy was unequivocal in his reasoning, stating that the move was about organizational structure rather than immediate financial or technological imperatives.

“Amazon has a deep moat around their core businesses driven by their unmatched scale and appears to have numerous healthy organic revenue growth opportunities driven primarily by their high-margin AWS ...