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The Latest Breaking News from Andy Jassy

Amazon earnings highlight a fairly positive quarter for Big Tech despite big cuts

Amazon reported more than $127 billion in revenue in its Q1 2023 financial earnings report.

Android Central

Amazon stocks surge after Q1 revenue, profit wins

Amazon stocks surge after Q1 revenue, profit wins

Amazon on Thursday reported a slowdown in its cloud computing unit AWS, but stronger-than-expected revenue and profits for the first quarter sent its stocks higher in after-hours trading

The Independent UK

AWS CEO warns of some potential big changes this year

AWS CEO warns of some potential big changes this year

Amazon’s not all that bothered about the short-term wobbles, it seems, as CEO Andy Jassy looks to the future.

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Amazon CEO Andy Jassy took nearly a 99.4% pay cut from 2021 to 2022

Jassy had a smaller compensation package than Amazon founder Jeff Bezos in 2022, as well as peers in Big Tech like Apple's Tim Cook and Microsoft's Satya Nadella.

Amazon is launching its new A.I. game plan

Amazon is joining the A.I. race with a strategy that differs from other tech giants’.

Amazon CEO Andy Jassy is doubling down on his return to office mandate

Amazon’s New York and Austin offices reportedly won’t be ready to open until September, despite a mandate for staff to be back at their desks from May.

Amazon CEO Andy Jassy has identified the business’ next frontiers

Catering to a range of Amazon customers' basic needs makes up part of Jassy's strategy moving forward.

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Amazon's Jassy says AI will be a 'big deal' for company

Amazon's Jassy says AI will be a 'big deal' for company

Amazon CEO Andy Jassy signaled confidence the company will get costs under control in his annual letter to shareholders

The Independent UK

DPReview is being shut down by Amazon today – "what a waste" says founder

DPReview is being shut down by Amazon today – "what a waste" says founder

DPReview is closing after almost 25 years, and founder Phil Askey puts Amazon on blast for the baffling decision

Digital Camera World

Amazon warning as retailer to close popular online book shop

Amazon warning as retailer to close popular online book shop

The online retailer giant announced the closure as they continue to shake up the business and make cuts in a bid to save money.

Amazon set to close its Book Depository online shop amid global job cuts

Amazon set to close its Book Depository online shop amid global job cuts

Gloucestershire-founded Book Depository was acquired by the retail giant in 2011

Birmingham Post

Amazon to close Book Depository online shop

Amazon to close Book Depository online shop

Gloucester-based bookseller bought by the retail giant in 2011 will shut at the end of April

The Guardian - UK

Just Eat issues major update following Tesco and Amazon moves to cut costs

Just Eat issues major update following Tesco and Amazon moves to cut costs

Job cuts and changes to loyalty schemes are being made

AWS layoffs: Why Amazon is cutting staff from its most profitable division

AWS layoffs: Why Amazon is cutting staff from its most profitable division

Amazon has announced it will make a significant portion of staff redundant at its cloud division in the latest round of cuts. The tech giant confirmed on Monday it intends to lay off 9,000 additional staff following an initial round of cuts that saw more than 18,000 roles erased in…

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Amazon announces thousands more jobs to go, with AWS bearing the brunt

Amazon sheds a further 9,000 workers as it continues to streamline costs and headcounts.

Asharq Al-Awsat

Amazon Deepens Tech-sector Gloom with Another 9,000 Layoffs

Amazon.com Inc on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner. In a remarkable turn for a company that has long touted its job creation, Amazon will have…

The Guardian - UK

Amazon to cut another 9,000 jobs in new round of layoffs

Redundancies to take place mostly in cloud services, advertising and Twitch livestreaming units

Android Central

Amazon to lay off 9,000 more employees as Big Tech continues shedding workforce

Amazon is eliminating roughly 9,000 more positions to make the company leaner. This follows its previous move to lay off 18,000 employees.

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Tribune News Service

Amazon to cut 9,000 more jobs

In another push to reduce costs and trim workforce, Amazon announced Monday its plans to lay off another 9,000 employees, bringing its total job cuts to 27,000 since November.

Evening Standard

Amazon lays off another 9,000 employees to cut costs

Amazon is to let go of another 9,000 employees worldwide as the e-commerce giant ramps up its cost-cutting measures. #The announcement was made to employees of the firm in a note by CEO Andy Jassy, who said workers in the Amazon Web Services, human resources, advertising and Twitch units would…

Chicago Sun-Times

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

The job cuts would mark the second-largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January.

Amazon to axe another 9,000 jobs globally

The move will cut jobs in web services, advertising, PXT solutions and its Twitch livestreaming arm

The Independent UK

Amazon to lay off 9,000 employees on top of 18,000 in Jan.

Amazon CEO Andy Jassy said in a memo to staff on Monday that the company plans to eliminate 9,000 more jobs in the next few weeks

Tribune News Service

Amazon shutters cashierless convenience stores in 3 major markets

Amazon is closing eight Go convenience stores, including two in Seattle, as it continues to evaluate its brick-and-mortar strategy.

Tribune News Service

As investigations mount, injured worker describes Amazon's toll

Kali Kennelly went to work for Amazon hoping for a steady income to provide for her two sons and a chance to climb the ranks at a company that touts upward mobility for its warehouse workers.

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