Amazon’s CEO doubles down on AI spending
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Amazon to sell new weight-loss pill Foundayo
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Amazon CEO Andy Jassy made $2.1 million last year and had millions of dollars' worth of company stock.
Amazon is laying off 14,000 corporate employees. The company said it's cutting roles to help make the company leaner and less bureaucratic, while it looks to invest in generative artificial intelligence. The layoffs are expected to ultimately be the ...
Total employment at HQ2 has increased slightly since 2024, despite multiple rounds of corporate layoffs at Amazon in recent months. Around 8,500 employees currently work out of Amazon's headquarters in Pentagon City,
Amazon is laying off another 16,000 corporate employees globally, the company confirmed Wednesday morning, the second phase in a restructuring that now totals 30,000 positions — adding up to the largest workforce reduction in the company’s history.
Amazon will double down on the Whole Foods brand, killing two of its own physical retail experiments in the process. The online retail giant said Tuesday that it will close all of its Amazon Go convenience stores and Amazon Fresh brick-and-mortar grocery ...
Amazon.com is facing a new labor challenge, this time from small-business owners who run the company’s package-delivery network. A group calling itself DSPs for Equitable and Fair Treatment, or Deft, went public on Black Friday, saying its goal is to ...
Amazon CEO Andy Jassy has been pushing to reduce bureaucracy across the company. (GeekWire Photo / Todd Bishop) Amazon confirmed Tuesday that it is cutting about 14,000 corporate jobs, citing a need to reduce bureaucracy and become more efficient in the ...
When Amazon announced this week that it’s shutting down Amazon Go, its 8-year-old chain of cashierless convenience stores, the news did not come as a shocker. Almost two years ago, the company shuttered all its Go stores in San Francisco, along with some ...
Amazon Leo, the company's LEO satellite business formerly known as Project Kuiper, has already deployed 180 satellites and aims to deliver cellular connectivity to rural areas that terrestrial towers can't reach.