News

Amazon CEO sparks backlash after announcing major company shift in mass email: 'Should change the way our work is done'

CBS News reported that Amazon CEO Andy Jassy told employees in a memo that the company plans to lean heavily on generative AI ...

Amazon investors search for signs of AI lift with shares lagging

Aggressive spending on artificial intelligence is mostly being rewarded in the stock market these days. But when it comes to ...
News Nation on MSN3h

Amazon has been quietly raising prices on everyday items: Report

The Wall Street Journal found that prices on a range of low-cost items are up more than 5% on average on Amazon.

Amazon Is Quietly Raising the Price of Basic Goods. Are Tariffs to Blame?

The Trump administration's trade war didn't seem to hurt Prime Day, which Amazon says was the biggest one yet.

Amazon CEO Jassy says AI will lead to ‘fewer people doing some of the jobs' that get automated

Amazon CEO Andy Jassy said that while the company continues to hire for AI, some jobs will require fewer employees because of automation.

Amazon’s AI Revolution Leaves Some AWS Workers Behind

Reports indicate that perhaps late last week hundreds of AWS employees were laid off with marketing and outreach roles being ...

Amazon Slashes Roles In AWS Cloud Unit As CEO Andy Jassy Says AI Will Reduce The Need For Certain Roles: Report

Amazon has laid off hundreds of employees in its AWS cloud division as part of a broader restructuring effort driven by the ...
Hosted on MSN3mon

Amazon CEO Andy Jassy Says the 'Way to Get Ahead' at Amazon Isn't By ...

Amazon CEO Andy Jassy, 57, is on a mission to reduce Amazon's layers of middle management.. At a leaked all-hands meeting last week, Jassy answered a question from an employee about how he ...
USA Today4y

Andy Jassy: What to know about the next CEO of Amazon

“Amazon’s size makes some industries uncomfortable, some governments uncomfortable, and Andy Jassy will have to deal with the consequences,” said Gartner analyst Ed Anderson. "That will be ...

Amazon's Ring goes full founder mode, taking the company back to its crime-fighting roots

Ring founder Jamie Siminoff has returned to the Amazon doorbell business and is reinstating its crime-fighting mission while ...
Hosted on MSN3mon

Amazon CEO Andy Jassy Says There's One Trait That Contributes 'an ... - MSN

Before Amazon CEO Andy Jassy joined Amazon in 1997 as a marketing manager, he had tried multiple career paths, working in investment banking, sports production, and retail. In an Amazon blog ...