In October, cost-cutting was the primary reason employers gave for job reductions, responsible for 50,437 job cuts, per the ...

This announcement follows the revelation, a few weeks ago, of the company's strategic plan. This plan unveils a major ...

In little more than five months, Amazon and Microsoft have announced they're collectively cutting more than 29,000 roles.

Andy Jassy explains Amazon’s 14,000 layoffs, buying Nvidia chips, upcoming Trainium3 AI chips, AWS capacity and sales growth, ...

IBM says 40% of workers will need to reskill for AI — but those who do may earn more. Here's how AI is reshaping the workforce (and why it’s not to blame for recent layoffs).

Amazon.com Inc. has become the latest company to ink a deal with OpenAI, a move that's sending the stock higher and solidifying its status as an artificial-intelligence winner.

Amazon slashed 4% of its 350,000-person global corporate workforce, marking one of the largest job cuts in the company's ...

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into ...

The company's cloud infrastructure platform, Amazon Web Services (AWS), saw its sales rise by 20% to $33 billion, a notable increase from the 17.5% growth it delivered in the second quarter. The gains ...

As Amazon’s wave of corporate layoffs starts to ripple across the country — including with 1,403 job cuts in California — CEO Andy Jassy took an opportunity to defend the move on Thursday.  During the ...

Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to ...

The domination of e-commerce is inevitable and will only come faster thanks to the emerging technology, even if physical stores represent opportunity for now, Andy Jassy told analysts Thursday.