In little more than five months, Amazon and Microsoft have announced they're collectively cutting more than 29,000 roles.

Amazon’s CEO, Andy Jassy, recently clarified that the company’s mass layoffs were a result of efforts to address internal ...

Andy Jassy explains Amazon’s 14,000 layoffs, buying Nvidia chips, upcoming Trainium3 AI chips, AWS capacity and sales growth, ...

IBM says 40% of workers will need to reskill for AI — but those who do may earn more. Here's how AI is reshaping the workforce (and why it’s not to blame for recent layoffs).

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.

Last week, Amazon became the latest company to announce massive layoffs. In a memo, senior vice president of people ...

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 ...

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