Some of the things people buy the most are at their most expensive point of the year as the calendar changes over to 2026. Our get the facts…
Read more Amazon CEO warns prices have gone up from tariffsAmazon CEO Andy Jassy dropped an AI bombshell on employees today, announcing that Rohit Prasad—who has led Amazon’s so-called AGI (artificial general intelligence) team since 2023, overseeing the…
Read more Amazon CEO Andy Jassy announces departure of AI exec Rohit Prasad in leadership shakeup | FortuneAmazon is preparing to cut as much as 15% of its human resources staff, with additional layoffs likely in other divisions, according to multiple sources familiar with the…
Read more Amazon is planning a new wave of layoffs, sources say | FortuneAndy Jassy is trying to reset Amazon’s culture by getting rid of excess layers of middle management. The Amazon CEO stated on Tuesday at the company’s annual conference…
Read more Amazon CEO Andy Jassy Is Fighting Against Bureaucracy | EntrepreneurTech giants Apple and Amazon delivered better-than-expected quarterly earnings this week, showcasing resilient growth despite ongoing challenges from tariffs and intensifying competition in artificial intelligence. Both companies beat…
Read more Apple Amazon Q3 ’25: Record Revenue by AI Race & Tariff RiskAmazon Web Services’s operating profit jumped 73 percent in the latest quarter. Chesnot/Getty Images Amazon (AMZN)’s cloud unit, Amazon Web Services (AWS), continues to see growth for its…
Read more Despite Revenue Miss, Amazon’s Cloud Business Is Booming Thanks to A.I.Krishan Bhatia is Amazon’s new global ad sales chief. Penske Media via Getty Images Amazon (AMZN) continues to build out its advertising team after making the move to…
Read more Amazon’s New Video Ad Chief Is the Latest Former NBCUniversal Exec to Join Big TechOpinion Source: CBS Evening News YouTube Amazon has been hit with a class action lawsuit from Prime subscribers who claim that they were mislead when they were charged…
Read more Amazon Prime Subscribers Fight Back Against Ad Tier In Class Action LawsuitBig Tech companies closed 2023 with a blowout quarter. Getty Images/Observer This week, five of the stock market’s “Magnificent Seven”—Alphabet (GOOGL), Microsoft (MSFT), Apple (AAPL), Amazon (AMZN) and…
Read more Big Tech Earnings Recap: The Numbers and What CEOs Are Saying About 2024New York CNN — Amazon is cutting 9,000 more jobs, CEO Andy Jassy announced Monday in a memo to staff. The latest cuts come after the company announced…
Read more Amazon to lay off 9,000 more workers | CNN BusinessWashington CNN — Amazon is ordering thousands of its workers back to the office for at least three days per week, according to a company memo by CEO…
Read more Amazon to require office workers to show up in person at least three days a week | CNN BusinessNew York CNN — Just this week, Alphabet, Google’s parent company, Microsoft (MSFT) and Vox Media announced layoffs that will affect more than 22,000 workers. Their moves follow…
Read more Here are the companies that have laid off employees this year — so far | CNN BusinessCNN Business — Amazon CEO Andy Jassy on Wednesday said an “uncertain” economy pushed the e-commerce giant to move forward with rare and wide-ranging layoffs after having gone…
Read more Amazon CEO explains thinking behind layoffs as unionized warehouse workers protest outside | CNN BusinessCNN Business — Amazon CEO Andy Jassy said job cuts at the e-commerce giant would continue into early next year, in his first public remarks since the company…
Read more Amazon CEO says job cuts will continue into next year | CNN BusinessThe National Labor Relations Board — which runs unionization recognition and elections in the U.S. — filed a complaint on Wednesday about comments made by Amazon CEO Andy…
Read more NLRB Says Amazon CEO Andy Jassy Broke Labor LawsCNN — Amazon wants investors to know it won’t be left behind in the latest Big Tech arms race over artificial intelligence. In a letter to shareholders Thursday,…
Read more Amazon is ‘investing heavily’ in the technology behind ChatGPT | CNN Business
