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The Latest Breaking News from Andy Jassy

Amazon announces fresh wave of layoffs taking total job cuts to 18,000

CEO Andy Jassy said the move was about ‘finding a way to do more for customers at a lower cost’

Evening Standard

Amazon to slash over 18,000 jobs as part of massive layoffs

Last year it was reported that the tech giant was planning to cut 10,000 jobs with then-Tanaiste Leo Vardakar stating no job losses were anticipated for Ireland

Dublin Live

Amazon CEO says company will lay off more than 18,000 workers

The layoffs represent the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year.

WEKU

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Amazon to axe 18,000 workers as more US tech firms cut jobs

Amazon boss blames economic uncertainty and recent rapid hiring while Salesforce cuts 8,000 roles, almost 1 in 10 staff

The Guardian - UK

Tech layoffs 2023 tracker: Amazon, Salesforce announce big job cuts

NEW YORK: Layoffs that began in 2022 are accelerating across some technology companies.

The Times of India

Amazon layoffs to hit 18,000 people

The wave of layoffs at Amazon will hit thousands more people than originally expected.

Tribune News Service

Amazon, Salesforce jettison jobs in latest tech worker purge

E-commerce giant Amazon and business software maker Salesforce are the latest U.S. tech companies to announce major job cuts

The Independent UK

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Amazon to cut 18,000 jobs

That figure adds new layoffs on top of a previously announced workforce reduction of 10,000.

Axios

The CEO of Amazon Web Services likes to hire people who are ‘restless and dissatisfied.’ Here’s why

Adam Selipsky, who runs Amazon's massive cloud computing business, says "If you’re not dissatisfied with what you see around you, you’re usually not compelled to reinvent something."

Fortune

Amazon is launching its ‘Alexa, thank my driver’ program amid Alexa-focused job cuts and another driver-related lawsuit

The timing of Amazon’s ‘Alexa, thank my driver’ program is awkward in a few ways.

Fortune

Amazon Prime Video and studios architect Jeff Blackburn to retire

A key architect of Amazon Prime Video, Jeff Blackburn, is retiring from the e-retailing giant.

Los Angeles Times

Activists say Amazon is building on sacred land in South Africa

A group of activists is bringing a dispute from South Africa's Cape Town to Amazon's Puget Sound headquarters, hoping to stand in solidarity with some Indigenous people and appeal directly to CEO Andy Jassy.

Tribune News Service

Amazon plans to lay off more than 10,000 workers. Its CEO just defended the hiring spree that caused the cuts

CEO Andy Jassy knew Amazon may have been expanding too fast during the pandemic, but defends layoffs.

Fortune

As Amazon shrinks, some workers' last day comes 2 days before Christmas

Some employees in Amazon's human resources department will clock out for the last time on Dec. 23, part of a broad push by the Seattle-based company to shrink its corporate workforce by 3% in coming months.

Tribune News Service

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The Independent UK

Amazon CEO says company won't take down antisemitic film

Amazon CEO Andy Jassy has said the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it

Fortune

How Amazon grew an awkward side project into AWS, a behemoth that’s now 4 times bigger than its original shopping business

Over two decades, AWS has become the ultimate case study in corporate innovation.

The Guardian - US

US judge orders Amazon to ‘cease and desist’ anti-union retaliation

Company must read out public notice to employees at Staten Island warehouse, which won vote to unionize in April

The Times of India

Amazon to shut some India businesses amid global cuts

Amazon will wind down parts of its India operations, showing that even the crucial growth market with 1.4 billion consumers isn’t immune to chief executive officer (CEO) Andy Jassy’s cost-reduction campaign.

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Tribune News Service

Amazon to begin locking out some laid-off employees on Wednesday

Amazon is locking some laid-off employees out of its offices and their company-issued laptops on Wednesday, about a week after the company started notifying workers that their positions were being cut.

Asharq Al-Awsat

Amazon Confirms it Has Begun Laying off Employees

Amazon confirmed on Thursday that it is laying off staff, after days of rumors that the e-commerce behemoth would become the latest tech giant to unleash a large-scale redundancy plan amid a souring economic environment. "The economy remains in a challenging spot and we've hired rapidly the last several years,"…

Tribune News Service

Amazon CEO Jassy says job cuts will roll into 2023

Some Amazon employees may have to wait until next year to learn if their job is safe.

Axios

Amazon CEO: More layoffs to come

Amazon isn't done reviewing its businesses to see where cuts need to be made.

Fortune

Alexa, why is your department shrinking? Because Amazon couldn’t find a profitable use for her

The voice-command technology and its accompanying hardware could never reach critical mass while generating recurring revenue.

Al Jazeera

Amazon warns costs may eviscerate profits, shares crash

Amazon’s efforts to boost revenues may not pay off as inflation and receding consumer demand bite into profits.

Benzinga

Amazon Stock Plunges After Q3 Earnings: The Details On Revenue Miss, EPS Beat, New Prime Video Content, Disappointing Guidance

E-commerce leader Amazon.com Inc (NASDAQ: AMZN) reported third-quarter financial results after the market close Thursday. Here's what investors need to know.

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