Third quarter earnings season is in full swing, and analysts expect S&P 500 companies grew their profits by 8% during the quarter.
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 ...
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 ...
Revenue for AWS, Amazon’s closely watched cloud unit, was $33 billion versus a $32.5 billion analyst estimate.
Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to ...
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...
The domination of e-commerce is inevitable and will only come faster thanks to the emerging technology, even if physical stores represent opportunity for now, Andy Jassy told analysts Thursday.
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