Andy Jassy explains Amazon’s 14,000 layoffs, buying Nvidia chips, upcoming Trainium3 AI chips, AWS capacity and sales growth, ...
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...
Amazon (AMZN) shares continued to gain ground in late trading on Thursday with the company’s earnings call highlighting the ...
Amazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings ...
Amazon.com Inc. (NASDAQ:AMZN) has reportedly laid off several employees within its Amazon Web Services (AWS) cloud division, as the company continues to restructure amid the growing impact of ...
Javed is a senior editor at TIME, based in the London bureau. Photo-Illustration by TIME (Courtesy Photo) More than 20 years ago, Andy Jassy started to build Amazon Web Services (AWS), which would ...
A mazon has confirmed plans to lay off 14,000 corporate employees, a move that forms part of a broader wave of potential cuts ...
Amazon CEO Andy Jassy said the quiet part out loud this week, predicting AI will reduce its workforce. At least he’s honest about it, even if he trotted out the “free up workers for higher-value work” ...
Amazon CEO Andy Jassy tried to calm concern about AI cloud competition. Wall Street isn't buying it.
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As of August 2025, Amazon CEO Andy Jassy’s net worth is estimated to be over $784 million, according to a filing with the Securities Exchange Commission. That figure is driven entirely by his Amazon ...
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