Amazon could be a 'top three' grocery player in the U.S., Jassy says

Amazon CEO Andy Jassy said that even without counting Whole Foods — the high-end grocery store chain it bought in 2017 — and ...

How Amazon flipped the script on a challenging week

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

Amazon just laid off 1,403 Californians. The CEO says it wasn’t to save money.

As Amazon’s wave of corporate layoffs starts to ripple across the country — including with 1,403 job cuts in California — CEO Andy Jassy took an opportunity to defend the move on Thursday.  During the ...

Amazon's Jassy touts future of AWS, grocery delivery, and AI-integration in retail

Amazon (AMZN) shares continued to gain ground in late trading on Thursday with the company’s earnings call highlighting the ...

Amazon just explained why it laid off 14,000 workers. It’s not what you expected

Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.” ...

Amazon to cut 30,000 corporate jobs — 9% of worldwide office workforce: report

The sweeping layoffs mark another major contraction under CEO Andy Jassy, who has slashed tens of thousands of roles since ...

Job cuts were not 'AI-driven,' Jassy says

Amazon's layoff announcement on Tuesday said that AI was "the most transformative technology we’ve seen since the Internet." But Amazon CEO Andy Jassy, during the company's earnings call, said that ...