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ANDY JASSY STATEMENT
Amazon to invest up to $25 billion in Anthropic as part of $100 billion cloud dealAmazon is injecting up to $25 billion into AI startup Anthropic, solidifying a partnership where Anthropic commits over $100 billion to Ama...
US stocks today: US stocks end higher as Middle East peace talks lift sentimentOn Thursday, Indian markets experienced a surge in optimism, buoyed by positive movements in U.S. stocks as diplomatic talks reduced tensio...
Amazon expands SVP Amit Agarwal’s role to include global selling partner servicesThe expansion of Agarwal’s role follows the appointment of Dharmesh Mehta, vice president of worldwide selling partner services as a techni...
Flipkart to launch SLAP, its conversational AI shopping assistantFlipkart will launch its new AI shopping assistant, Shop Like a Pro (SLAP), next week as a standalone app, replacing its earlier assistant,...
Amazon layoffs 2025: Andy Jassy sparks backlash after saying 14,000 job cuts are about “culture,” not AIAmazon CEO Andy Jassy faces criticism after announcing 14,000 layoffs, claiming the cuts aren’t AI or cost-driven but part of a “cultural r...
Amazon 30,000 corporate employees layoff real reason explained: Why is company cutting jobs and which divisions will face cuts? Here's corporate restructuring, AWS performance, holiday hiring plansAmazon 30,000 corporate employees layoff real reason has drawn attention as the company begins one of its largest workforce reductions. Rep...
Amazon's AWS CEO chides staff for slow product rolloutsAmazon Web Services' Matt Garman criticized the team for delaying product launches. He wants quicker releases after announcements. Garman e...
Amazon's AWS cloud computing unit cuts at least hundreds of jobsAn Amazon spokesperson confirmed it had cut jobs but did not provide a number. Amazon, which employed 1.6 million full- and part-time worke...
Amazon cuts more jobs, this time in books divisionAmazon has cut fewer than 100 jobs in its books division, affecting Goodreads and Kindle teams, to improve efficiency and align with busine...
Amazon's Wondery podcast unit trims jobsAmazon most recently cut jobs among its communications staff last month in an effort to reduce costs and what CEO Andy Jassy has called an ...
Amazon, echoing Microsoft, says it can’t keep up with AI demandChief Executive Officer Andy Jassy, determined for Amazon to become an AI supermarket, is spending big to retain the company’s edge in clou...
Amazon to sell Hyundai vehicles online starting in 2024Customers will be able to shop for, equip and buy a car at Amazon and schedule delivery through a local Hyundai dealer, the companies said.
Google to set up global fintech centre in Gujarat; Microsoft to explore AI use cases for IndiansGoogle CEO Sundar Pichai on Saturday said the search giant will open its global fintech operations centre at GIFT City in Gujarat through i...
Amazon reports quarterly revenue above estimatesThe world's biggest online retailer net sales of $127.4 billion in the first three months of the year, compared with expectations of $124.5...
Amazon, Google CEOs 'hint' at more layoffs amid economic meltdownAs tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate busines...
Amazon closes $3.9 billion buyout of health company One MedicalThe e-commerce giant has said the buyout, which was announced in July, is a key component of its growing health care business, which includ...
Amazon India staff being fired in offices, employees breaking downET had reported in November that the etailer was looking to cut jobs in India. Last year, it shut some of its relatively smaller businesses...
Amazon layoffs to impact over 18,000 employees, says CEO Andy JassyJassy said that several teams have been impacted, but the majority of role eliminations are in Amazon Stores and PXT (People Experience and...
Amazon cancels Lord of the Rings game announced in 2019The game had been in development at Amazon Game Studios alongside China-based Leyou Technologies Holdings, which was acquired by Chinese te...
Amazon future CEO Andy Jassy to accelerate India push amid protests“Small and medium businesses are the engine and lifeblood of economies,” Andy Jassy says at the Amazon Smbhav Summit, amid an Asmbhav Summi...