Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its ...
The tech giant axed 14,000 roles, and more layoffs could be coming in 2026. Employees might wonder why it's necessary, and ...
"We're going to promote based on AI," said Amazon VP Jamie Simonoff. "We're going to promote based on how you're integrating ...
Retail job losses are surging, with Amazon and Target cutting nearly 32,000 corporate jobs combined, signaling a major ...
CNBC’s MacKenzie Sigalos reports on Amazon’s third-quarter earnings as investors zero in on cloud momentum and whether heavy ...
On Tuesday, Amazon laid off 14,000 employees in an effort to improve operations by removing layers of bureaucracy, according ...
In its financial results for the third quarter ending September 30, 2025, Amazon’s net sales climbed 13% year-over-year to ...
The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will ...
Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales ...
Fortunately for us, CEO Andy Jassy was asked to comment on the layoffs during the company’s earnings call Thursday evening.
Amazon is pouring billions into AI infrastructure. Its cloud boss says the company feels "quite good" about its strategy.