2025-10-31
Amazon CEO Andy Jassy delivered an unexpected explanation for the company's decision to eliminate 14,000 corporate positions this week, attributing the cuts to “culture” rather than financial pressures or artificial intelligence automation. The announcement came during Thursday's earnings call [image]
CNBC
Amazon reports Q3 AWS revenue up 20% YoY to $33B, vs. $32.42B est., and AWS operating income up 9.5% YoY to $11.4B
Amazon said Thursday that revenue in its cloud computing business increased 20% in the third quarter, exceeding analysts' estimates. — Revenue at Amazon Web Services for the thir...
Amazon CEO Andy Jassy delivered an unexpected explanation for the company's decision to eliminate 14,000 corporate positions this week, attributing the cuts to “culture” rather than financial pressures or artificial intelligence automation. The announcement came during Thursday's earnings call [image]
GeekWire
Amazon CEO Andy Jassy says the 14,000-person layoffs were due to “culture” and “removing layers” from its internal structure, not really AI or financial factors
And It's Not Because of AI or Cost Cutting Surbhi Jain / Benzinga : Andy Jassy Is Turning Amazon Into The 'World's Largest Startup' — One Layer At A Time Eugene Kim / Business Insi...