Amazon joins other companies such as Salesforce, Target, and Paramount who have together laid off thousands of workers in the past few months. Several large companies have cited AI as a reason for ...

Amazon’s CEO, Andy Jassy, recently clarified that the company’s mass layoffs were a result of efforts to address internal “culture” and “removing layers” within the organization, rather than the ...

Amazon CEO Andy Jassy wants his company to be the “world’s largest startup,” and he’s turning to employees to help slash the red tape that’s holding it back. Speaking at Amazon’s conference for ...

Jassy's comments came during Amazon's annual shareholder meeting, which was held virtually on Wednesday. "We have not seen any attenuation of demand at this point," Jassy said during a ...

Amazon's robotics chief reveals plans to eliminate menial jobs through AI and automation as the company reshapes warehouse ...

Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN) reacted quite negatively after getting slapped with pretty significant downgrades earlier in the week, courtesy of Rothschild & Co. Redburn, which now ...

"If you look at our entire grocery business, if I don't even count Whole Foods Market and fresh in the last 12 months to over $100 billion of gross merchandising sales, which would make us a top three ...

Amazon CEO Andy Jassy said Wednesday that the company hasn't seen any signs of consumers tightening their wallets in the face of President Donald Trump's sweeping tariffs. Stream Connecticut News for ...