Last week, Amazon became the latest company to announce massive layoffs. In a memo, senior vice president of people experience and technology, Beth Galetti, revealed that the company would let go of “approximately 14,000” employees, citing AI ...

Amazon's stock popped more than 13% on Thursday afternoon after the company reported huge growth in the third quarter, including in its cloud business, Amazon Web Services. CEO Andy Jassy said AWS was "growing at a pace we haven't seen since 2022.

Amazon.com is facing a new labor challenge, this time from small-business owners who run the company’s package-delivery network. A group calling itself DSPs for Equitable and Fair Treatment, or Deft, went public on Black Friday, saying its goal is to ...

Amazon will slash 30,000 corporate jobs starting Tuesday, according to a report — unleashing one of the US’s biggest job bloodbaths this century as the company aggressively revamps its business with artificial intelligence. Sources told Reuters the ...

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Amazon's CEO envisions an "agentic future" in which AI robots, or agents, replace humans working in the company's offices. In a memo to employees made public by Amazon on Tuesday, CEO Andy Jassy said he expects the company to reduce its corporate workforce ...