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The Latest Breaking News from Andy Jassy

Agentic AI spending could reach $155 billion by 2030, say BofA analysts

There's a growing belief that agentic AI could fundamentally transform workforce productivity.

Fortune

Amazon CEO Andy Jassy Warns Of AI-Driven Workforce Reduction — AMZN 'Won't Keep Everyone,' Says Ex-VP Ethan Evans In Warning To Employees

Amazon.com Inc. (NASDAQ:AMZN) CEO Andy Jassy‘s recent announcement that artificial intelligence will shrink the company’s corporate workforce has prompted a stark warning from former Amazon Vice President Ethan Evans, who says employees must adapt or face elimination.

Benzinga

College graduates face toughest job market in more than a decade as hiring slows

Young people graduating from college this spring and summer are facing one of the toughest job markets in more than a decade

The Independent UK

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Amazon reveals huge £40 billion UK investment in major cloud, AI and jobs boost

UK set to receive £40 billion investment as Amazon expands operations, promising to create new jobs and boost the economy.

TechRadar

Amazon’s new UK warehouses to hire thousands as Starmer hails ‘win’ for Britain

Prime Minister Sir Keir Starmer hailed the expansion plans as a ‘major win’ and a vote of confidence in the UK.

The Independent UK

Amazon's AI Revolution Brings Job Cut Warnings, Relocation Mandate Adds to Employee Uncertainty

Amazon's AI advancements signal job cuts and a relocation mandate, creating widespread employee uncertainty.

International Business Times UK

Amazon tells 1.5m staff that AI will replace ‘some of their jobs’ — but won’t say how many

Around 1.5m people are employed by Amazon around the world

The Independent UK

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Amazon CEO Jassy says AI will reduce its corporate workforce in the next few years

Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology

The Independent UK

Amazon’s AI boss reveals the make-or-break trait that decides whether you get hired—and it can't be faked, rehearsed, or tested for

“If you're not genuine, you won't do well in an Amazon interview,” the tech giant’s AI chief warns—and both Jeff Bezos and Andy Jassy have said the same.

Fortune

Amazon says it expects to cut human workers and replace them with AI

"It's hard to know exactly where this nets out over time," says Amazon CEO Andy Jassy.

TechRadar

Andy Jassy is the perfect Amazon CEO for the gen-AI cost-cutting era

The Amazon chief's public memo about AI's impact on the workforce raises numerous questions. But there's one clear takeaway if you've been paying attention to the company.

Fortune

Amazon plans to cut corporate jobs as it turns more to AI

Amazon plans to “reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company,” CEO Andy Jassy said.

The Independent UK

Amazon CEO Andy Jassy shares the No. 1 career mistake Gen Z is making in their 20s that’s easily avoidable

Before running a trillion-dollar company, Jassy coached soccer, worked retail, and dabbled in sportscasting—a lesson he says Gen Z should take on the power of exploration.

Fortune

Andy Jassy's focus on explaining Amazon's AI bets publicly is something other CEOs can learn from

Also: OpenAI’s $6.5 billion acquisition and two Israeli embassy staff killed in Washington shooting.

Fortune

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Fortune

Andy Jassy makes the case for Amazon's extraordinary AI spending, promising shareholders they will end up 'very happy'

Amazon's annual shareholder meeting lacked surprises, but provided the CEO with another chance to build faith in his AI spending.

Fortune

Meet Amazon's 38-year old supply chain guru helping CEO Andy Jassy navigate tariff chaos with a giant fleet of planes, trucks, and robots

Udit Madan is Amazon's youngest and newest SVP, overseeing the most critical arms of internet retail giant's business.

Barchart

Is Amazon Stock Headed Above $300 in 2025?

Tigress Financial recently raised Amazon’s target price to a Street-high of $305. Here is the bull case for AMZN and the key factors that can drive the stock higher.

The Independent UK

Jeff Bezos is set to sell nearly $5bn worth of Amazon stock amid Trump’s tariffs

Disclosure comes as Amazon cited ‘recessionary fears’ in first-quarter financial results

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news in one place.

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Fortune

Amazon CEO Andy Jassy plays up his retail rivals’ worst nightmare: Trump’s tariffs may actually strengthen Amazon

Jassy tried to persuade Wall Street that Amazon will be just fine, despite worries about a tariff war with China.

Euronews

Amazon posts robust sales and profit beat but outlook clouded

Amazon posted higher first-quarter profit and sales that beat analysts' projections, underscoring the online behemoth's hold on shoppers looking for low prices and a wide selection in an uncertain economy.

Fortune

Amazon CEO says the $2 trillion retailer is ‘pretty maniacally focused’ on keeping prices down amid tariff pressure

Andy Jassy told analysts during an earnings call “there’s maybe never a more important time in recent memory” to maintain prices.

International Business Times

Amazon Revenue Climbs 9%, But Outlook Sends Shares Lower

Amazon reported a nine percent rise in first-quarter revenue on Thursday, but its outlook fell below expectations as potential impact from the US-China trade war rattled investors.

TechRadar

Trump admin accuses Amazon of partnering with 'a Chinese propaganda arm' over tariff listing talk

Amazon was going to display tariffs on certain Amazon Haul products, but the change was never approved.

Tom’s Hardware

Amazon's Starlink rival sees the first 27 satellites successfully reach low-earth orbit — Project Kuiper satellites 'operating as expected'

Amazon's Project Kuiper has successfully launched its first set of satellites.

Fortune

Exclusive: Amazon is no longer penalizing some top sellers for raising prices aggressively amid U.S.-China tariff war

Amazon recently penalized some top sellers who increased prices amid Trump's tariff war. But those penalties have now been reversed.

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