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.
Third quarter earnings season is in full swing, and analysts expect S&P 500 companies grew their profits by 8% during the ...
Markets stay steady as investors track earnings, trade progress and AI financing risks despite ongoing U.S. shutdown.
Despite having to make allowances for paying out close to $2bn in severance payments, Amazon’s results show its cloud arm is continuing to go from strength to strength.
Amazon is clear that to complete a sustainable future, it cannot rely on so much staff. That is why it has already announced that it intends to cut 14,000 office jobs. Its CEO, And ...
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Amazon's CEO says 14,000 layoffs aren't about saving money; it's about culture
Amazon CEO Andy Jassy emphasizes culture and agility as the main reasons behind 14,000 corporate layoffs, not cost-cutting or AI.
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’s latest layoffs collide with an AI boom that’s reshaping Seattle’s tech scene. On this week’s GeekWire Podcast, we unpack Andy Jassy’s “startup” logic, debate whether AI is a true revolution ...
A mazon has confirmed plans to lay off 14,000 corporate employees, a move that forms part of a broader wave of potential cuts ...
Wall Street loved what it saw from Amazon this week. Yes, despite the layoffs.
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 ...
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