Andy Jassy: News

Tech giants set to invest $200B in AI this year

The world's top tech giants, including Amazon, Microsoft, Meta, and Alphabet (Google's parent company), are expected to spend over $200 billion on artificial intelligence (AI) development this year.

Amazon mandates 5 days a week in office from 2025

Amazon has announced a significant policy change, requiring its employees to return to the office five days a week starting January 2, 2025.

Will Alexa's paid tier make up for Amazon's $25B loss?

Amazon's business unit, responsible for Alexa-powered devices like Echo speakers, Kindle readers, and Fire TV sets, reported a loss of $25 billion between 2017 and 2021.

Why Amazon is tracking office hours of its corporate employees

Amazon has introduced a new policy to monitor the office hours of its corporate employees, aiming to discourage the practice known as 'coffee badging.'

Amazon aims for AI dominance with new chatbot 'Metis'

Amazon, the online retail giant, is making strides in the field of artificial intelligence (AI) with a new project named "Metis."

Amazon reports $143.3B revenue in Q1, beats market expectations

Amazon's first quarter earnings and revenue have surpassed Wall Street's predictions, largely due to a surge in advertising and cloud computing.

Amazon launches 'Bazaar,' a budget-friendly fashion store in India

Amazon has discreetly launched a new store named "Bazaar" in India, aiming to cater to the demand for affordable yet stylish fashion and lifestyle products.

'People are crying': Employee describes grim scenes at Amazon India

Amazon is expected to axe around 1,000 employees in India this month as part of its second round of layoffs. The company has already begun the process, and according to an employee, the situation is depressing.

Amazon begins layoffs in India; over 1,000 to be fired

A few days after CEO Andy Jassy confirmed that the company's mass layoffs will affect over 18,000 employees, Amazon has begun its second round of layoffs in India.

Amazon to fire over 18,000 employees amid restructuring move

The ongoing layoffs at Amazon will affect more than 18,000 employees, CEO Andy Jassy said in a public memo to the staff.

Amazon's layoffs will extend into 2023, says CEO Andy Jassy

Amazon brings Career Day virtual event to India this year

The world's leading e-commerce platform Amazon announced that it will host its first-ever Career Day in India on September 16 so that senior management and employees can share what makes Amazon an exciting workplace. A fireside chat with CEO Andy Jassy is also on the cards.

Amazon begins new chapter as Bezos hands over CEO role

Amazon founder Jeff Bezos stepped down as the CEO Monday as the multinational technology company navigates the challenges of a world fighting to emerge from the coronavirus pandemic.

Bezos will step down as Amazon CEO on July 5

Amazon Founder Jeff Bezos has picked a date to step down as CEO.

Meet Andy Jassy: Next CEO of Amazon replacing Jeff Bezos

Andy Jassy may keep a low profile, but he has led the Amazon Web Services (AWS) to an impressive $50 billion revenue this year.

Jeff Bezos to step down as Amazon CEO

Jeff Bezos, who founded Amazon nearly three decades ago in his garage, will be stepping down from the post of CEO in the third quarter, the company announced on Tuesday.