Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere.
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Tag: Andy Jassy
Exclusive: Amazon US Prime sign-ups slow despite expanded promotion, data shows
Amazon doubled its Prime Day discount sales to four days this year and touted blowout numbers days after the event. But by one critical metric, it missed the mark.
Read More Exclusive: Amazon US Prime sign-ups slow despite expanded promotion, data shows
Amazon cuts more jobs, this time in books division
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units.
Read More Amazon cuts more jobs, this time in books division
AI startups revolutionize coding industry, leading to sky-high valuations
Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, except for software development.
Read More AI startups revolutionize coding industry, leading to sky-high valuations
Amazon AWS CEO: Quit if you don’t want to return to office
One of Amazon’s top executives defended the new, controversial 5-day-per-week in-office policy on Thursday.
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Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service.
Read More Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp