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The Latest Breaking News from Andy Jassy

Did artificial intelligence really drive layoffs at Amazon and other firms? It can be hard to tell

When Amazon announced it was cutting 16,000 corporate jobs, many assumed it was the latest phase of CEO Andy Jassy’s push to reduce the corporate workforce as AI brings more efficiency gains

The Independent UK

Before Amazon Invests $50 Billion in OpenAI, How Should You Play AMZN Stock?

As headlines swirl about Amazon potentially investing $50 billion in OpenAI, how should investors approach AMZN stock right now?

Barchart

Amazon to Cut Up to 16,000 Corporate Jobs as AI Competition Intensifies

Amazon.com Inc. has announced that it will lay off as many as 16,000 corporate employees, citing “rising competition over AI” as a key factor in the decision.

Whats Hot

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Amazon Layoff 2026 Goes Out Of Hand As Firing Email Sent By Mistake, Revealing More Are Coming

A botched email exposed Amazon's 2026 layoffs, confirming AWS cuts and hinting at more ahead. Read about the misstep, employee impact, and what it means for the tech sector.

International Business Times UK

10 CEOs Who Admitted They're Replacing Workers with AI in 2026 — And One Cut 80% of His Staff

Corporate leaders from Amazon to Salesforce have publicly confirmed that AI is eliminating jobs, with survey data showing 37% of companies expect to replace roles by the end of 2026.

International Business Times UK

Fortune 500 CEOs are no longer giving an A for effort. Now they want proof of impact

Revamped performance reviews from Mark Zuckerberg, Jane Fraser, and Andy Jassy signal a new management focus on tangible results.

Fortune

Amazon Layoffs Continue As Retail Giant Shuts Down Fresh and Go Stores — Are Grocery Stores Becoming Obsolete?

Amazon is closing Fresh and Go stores as it pivots to delivery and Whole Foods, raising questions about the future of physical grocery shopping.

International Business Times UK

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Amazon planning to cut thousands more jobs – reports

The speculation comes only three months after the US tech giant cut around 14,000 jobs.

Evening Standard

Amazon planning to axe thousands of jobs

The speculation comes only three months after the tech giant cut around 14,000 jobs

The Independent UK

Amazon Prepares for Another Massive Layoff, Targeting 14,000 Corporate Roles

Amazon is gearing up for another major round of layoffs, with approximately 14,000 corporate positions set to be cut starting next week, according to Reuters. This marks the e-commerce giant’s second-largest workforce reduction since October 2025 and brings its total planned corporate job cuts to around 30,000—the largest in the…

Whats Hot

McDonald’s CEO shares tough love career advice he’d give Gen Z and young millennial workers: ‘No one cares about your career’

Your career growth is in your own hands, the CEOs of McDonald’s, LinkedIn, and Amazon agree—and it’s a brutal reality check for Gen Z and millennial workers.

Fortune

6 months later, Amazon CEO Andy Jassy sings a different tune on tariffs, saying the pain of higher prices is coming soon in 2026

After keeping prices down last year, Andy Jassy says it’s becoming more challenging for sellers to absorb tariff costs.

Fortune

'You don’t have endless options': Amazon CEO Andy Jassy warns tariffs are already raising prices

Stockpiling bought consumers some time, but Trump's tariffs are pushing up prices across retail now.

TechRadar

Are Donald Trump's Tariffs to Blame for The Prices Rising on Amazon? - CEO Responds

Amazon prices are rising, and US President Donald Trump's tariffs may be the reason. CEO Andy Jassy finally breaks his silence on what is really driving costs.

International Business Times UK

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Tom’s Guide

'You don’t have endless options': Amazon CEO warns of 'tariff creep' as sellers start to raise prices on consumers

Amazon's CEO, Andy Jassy, said that prices are likely to go up for customers as pre-tariff stock is running out.

Fortune

Amazon wants proof of productivity from employees

The tech giant is asking its corporate employees to describe three to five accomplishments that reflect their work.

Fortune

Cisco's top exec and Amazon's Andy Jassy share the same hiring red flag, and it's something that can't be taught

It’s not what you know, or even who you know. According to Cisco’s new U.K. chief, your next promotion might hinge on your attitude.

Fortune

As millions of Gen Zers face unemployment, CEOs of Amazon, Walmart, and McDonald's say opportunity is still there—if you have the right mindset

From Nvidia CEO Jensen Huang to Amazon boss Andy Jassy, Fortune 500 leaders have shared their advice for workers to thrive in today’s shaky job market.

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Fortune

After 23 years working for Jeff Bezos, the CEO of a $1.3 billion skills platform shares lessons he learned from Andy Jassy and the Amazon founder

In 1997, the day before Greg Hart joined Amazon, he was summoned to a meeting—on a Sunday—with its founder, Jeff Bezos.

Fortune

Amazon CEO Andy Jassy announces departure of AI exec Rohit Prasad in leadership shake-up

Prasad’s exit comes after Amazon struggled to show its internal AI efforts could match those of rivals—and just as reports surface that Amazon is discussing a big investment into OpenAI.

Fortune

AWS CEO says replacing young employees with AI is 'one of the dumbest ideas'—and bad for business: 'At some point the whole thing explodes on itself'

Amazon laid off 14,000 employees this fall, but CEO Andy Jassy denied the reductions were related to AI.

Benzinga

Amazon's AI Chip Trainium2 Hits Multi-Billion Dollar Revenue Run Rate As CEO Andy Jassy Unveils 4X Faster Successor

Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy revealed more insights on the next generation of the company’s AI chip, Trainium3, at the AWS re:Invent conference on Wednesday.

International Business Times UK

Ken Griffin's Citadel Advisors Heavily Invested in Mag 7 Stocks in Q3 Except One

Ken Griffin's Citadel Advisors purchased millions of shares of Magnificent 7 stocks in Q3 amid AI boom, with one notable exception.

Fortune

More than 1,000 Amazon employees sign open letter warning the company's AI 'will do staggering damage to democracy, our jobs, and the earth’

The employees accuse the tech giant of “casting aside its climate goals” and helping build a surveillance state with AI.

TechRadar

Another major survey warns AI could lead to major job cuts at your business

Many companies already have too many workers - and it could be about to get a whole lot worse.

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Sebastian Siemiatkowski

From analysis to the latest developments in health,
read the most diverse news in one place.

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