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The Latest Breaking News from Andy Jassy

Amazon Lays Off Nearly 700 Corporate Employees in New York City

Amazon is cutting nearly 700 corporate jobs in New York City as part of a major restructuring to streamline operations and reduce costs.

International Business Times

Should You Buy or Sell AMZN Stock as Amazon Feuds with Perplexity?

Amazon has sent a “cease and desist” letter to Perplexity over its Comet AI shopping assistant. How should you play AMZN stock now?

Barchart

Goldman Sachs CEO debunks AI job replacement hysteria, saying humans will adapt like they always do: ‘Our economy is very nimble’

“There will be disruption. But I’m a big believer that our economy is very nimble, very flexible,” said David Solomon.

Fortune

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This surprising AI study flips the script on job loss — here’s who wins big

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).

Tom’s Guide

Amazon says its AI shopping assistant Rufus is so effective it's on pace to pull in an extra $10 billion in sales

Customers who engage with Rufus during their shopping journey are 60% more likely to complete a purchase compared to those who don't.

Fortune

CEO Andy Jassy says Amazon’s 14,000 layoffs weren’t about cutting costs or AI taking jobs: ‘It’s culture’

Jassy said the cuts weren’t AI-driven, “not right now at least.”

Fortune

Amazon CEO says recent mass layoffs were due to "culture" and "removing layers" - not AI

Amazon CEO Andy Jassy reveals more on latest job cuts.

TechRadar

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Amazon shares surge 13% on strong AI-driven cloud growth

Amazon reported higher sales and earnings for the third quarter, and it was boosted by its fast-growing web services business.

Euronews

Amazon Q3 FY2025 Earnings Call Transcript

Amazon.com, Inc. (NASDAQ:AMZN) released its third-quarter earnings report after Thursday’s closing bell.

Benzinga

Amazon reports higher sales and earnings for 3Q, helped by its accelerating computing arm business

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, as the online giant kept attracting shoppers looking for good prices while inflation resurges

The Independent UK

Amazon reports strongest cloud growth since 2022 after major outage

Amazon Web Services (AWS) sees 20% increase in revenue year over year, topping Wall Street estimates

The Guardian - US

Amazon Q3 Highlights: Double Beat, AWS Growth Hits Fastest Pace Since 2022

Ecommerce giant Amazon.com Inc (NASDAQ:AMZN) reported third-quarter financial results Thursday after market close.

Benzinga

Amazon to Hire 250,000 Seasonal Workers Despite Laying Off 30,000 Corporate Staff

Amazon ramps up hiring for the holiday season with 250,000 seasonal workers, even as it begins laying off 30,000 corporate employees. The company is accelerating its push into automation and AI.

International Business Times UK

Dear Amazon Stock Fans, Mark Your Calendars for October 30

Amazon’s next quarterly results could determine whether its AI and cloud momentum can reignite the stock’s climb toward Wall Street’s $305 high target.

Barchart

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International Business Times

Amazon to Lay Off 30,000 Corporate Employees as It Ramps Up AI and Automation Efforts

Amazon plans to lay off 30,000 corporate employees as it boosts AI and automation across its workforce.

The Independent UK

Amazon to cut thousands more jobs after warning AI could replace roles

CEO Andy Jassy had warned that some roles within the company could be superseded by AI

Evening Standard

Amazon plans to cut up to 30,000 corporate jobs – reports

The expected cuts will affect almost a 10th of the company’s roughly 350,000 international corporate workforce.

International Business Times UK

Is Amazon In Trouble? What The Recent Massive Layoffs Is Telling Us

Dive into Amazon's massive corporate job cuts starting 28 Oct 2025, driven by AI automation and bureaucracy busting. Employee reactions rage on X amid AWS growth dips and market optimism

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International Business Times UK

Amazon Layoffs: 30,000 Corporate Employees Affected — See Which Roles Are at Risk

Amazon plans to cut up to 30,000 corporate jobs by late October, targeting HR, operations and management roles amid a major restructuring effort.

The Guardian - US

Amazon confirms plans to lay off 14,000 corporate workers as part of wave of cuts

Retail giant, which is vying to reverse pandemic hiring spree, attempts to cut costs and slim down its operation

International Business Times UK

Amazon Tightens Its Belt: Thousands Face the Chop as Retail Giant Restructures

Amazon plans to cut 30,000 corporate jobs in its biggest restructuring yet, signalling a major shift towards automation and leaner operations.

Benzinga

Amazon To Cut Up To 30,000 Jobs, Largest Layoff In Company History

Amazon will cut up to 30,000 positions from its corporate workforce, starting Tuesday, as part of efforts to streamline operations and address hiring that ballooned during pandemic-era demand spikes.

The Independent UK

Amazon plans to cut up to 30,000 corporate roles, sources say

This figure represents nearly 10 percent of its approximately 350,000 corporate staff

Fortune

Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, 'if something is working, double down on it'

Wendell Weeks also shared how Steve Jobs insisted Corning could be Apple's sole glass supplier by dismissing his fear of failure.

International Business Times UK

Amazon Layoffs 2025: How Many Are Affected — and Is AI Doing More Than Just 'Helping'?

Amazon plans new layoffs in 2025, with insiders asking if AI is quietly replacing more workers than the company admits.

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