Amazon.com Inc. has become the latest company to ink a deal with OpenAI, a move that's sending the stock higher and solidifying its status as an artificial-intelligence winner.

The post Amazon CEO Andy Jassy Says The Recent Layoffs Of 14,000 People Was About ‘Culture’ And Not Financially- Or AI-Driven ...

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.

Amazon joins other companies such as Salesforce, Target, and Paramount who have together laid off thousands of workers in the ...

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

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into ...

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

The domination of e-commerce is inevitable and will only come faster thanks to the emerging technology, even if physical stores represent opportunity for now, Andy Jassy told analysts Thursday.

It was reported earlier this week that Amazon was to lay off up to 30,000 corporate staff. According to Reuters and The Wall Street Journal, the ...

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 ...