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Fortune
Fortune
Business
Marco Quiroz-Gutierrez

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

Andy Jassy Amazon US Federal Reserve
(Credit: Noah Berger—Getty Images for Amazon Web Services)

Amazon’s CEO has finally spoken up about the company’s 14,000 layoffs earlier this week, and he claims the motive was not at all financial.

Speaking during the company’s quarterly earnings call Thursday, CEO Andy Jassy said laying off those employees was about a mismatched cultural fit—and nothing else.

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