Articles about Andy Jassy – Page 2 of 8

Amazon CEO Andy Jassy defends $200B spending plan: ‘This isn’t some sort of quixotic top-line grab’

Amazon’s cloud unit posted its fastest growth in more than three years, but the company’s plan to spend $200 billion on infrastructure in 2026 sent shares tumbling 10% after hours. Read More

Amazon names Amit Agarwal to lead seller services as Dharmesh Mehta becomes Andy Jassy’s new TA

Amazon named a new executive leader for its Selling Partner Services business, one of the most consequential parts of the company, and said the division’s current chief will become CEO Andy Jassy’s next technical advisor. Read More

Amazon earnings preview: Wall Street looks for cloud growth after capex surge and job cuts

Amazon reports Q4 earnings Thursday, capping a tech earnings season dominated by a single question: whether the industry’s AI spending binge will ultimately be worth it. Here’s what to watch. Read More

The end of the line for Amazon’s grocery stores brings a final irony: a 30-minute wait to get in

Amazon’s grocery experiment is ending this week. For bargain hunters, it’s a clearance sale. For one Seattle neighborhood, it’s a looming food desert. Read More

Amazon confirms 16,000 more corporate job cuts, bringing total to 30,000 since October

Amazon is laying off another 16,000 corporate employees globally, the company confirmed Wednesday morning, the second phase in a restructuring that now totals 30,000 positions — marking the largest workforce reduction in the company’s history. Read More

Amazon closing all Amazon Fresh and Go stores to focus on Whole Foods and grocery delivery

After a decade of experimentation and expansion, the company says it wasn’t able to find the right model for its Amazon-branded grocery and convenience stores. Read More

With new Alexa website, Amazon’s consumer AI vision finally comes together — and it’s actually useful

Amazon has quietly started rolling out Alexa.com, bringing its AI-powered Alexa+ assistant to the desktop browser for the first time and completing a long-missing piece of its consumer AI strategy. The web portal offers point-and-click control over reminders, files, and smart home devices — a level of precision that voice commands can’t match. Read More

Amazon AI chief Rohit Prasad leaving; Infrastructure exec Peter DeSantis to lead unified AI group

Amazon AI chief Rohit Prasad is leaving at year’s end, according to a memo from Amazon CEO Andy Jassy. Peter DeSantis, a 27-year veteran who has led AWS infrastructure, will oversee a new organization combining AI, silicon, and quantum computing. Read More

Filing: Amazon cuts 84 jobs in Washington state, unrelated to broader layoffs

Amazon filed a new layoff notice covering 84 Washington employees, but the cuts are unrelated to its October job reductions — stemming instead from a new state disclosure law. Read More

AWS re:Invent preview: What’s at stake for Amazon at its big cloud confab this year

Amazon faces a critical test at AWS re:Invent this week: showing that its heavy AI investments can pay off as Microsoft and Google gain ground in the cloud. Read More

How Amazon is bringing name brands to Whole Foods, without putting them on the shelves

Amazon officially unveiled a new “store within a store” at a Whole Foods Market outside Philadelphia, blending natural and organic groceries with national name brands through an in-app ordering system and robotic fulfillment. Read More

Podcast

Seattle’s tech paradox: Amazon’s layoffs collide with the AI boom — or is it a bubble?

Amazon’s latest layoffs collide with an AI boom that’s reshaping Seattle’s tech scene. On this week’s GeekWire Podcast, we unpack Andy Jassy’s “startup” logic, debate whether AI is a true revolution or a bubble, and question the promise of Cascadia high-speed rail. Read More

‘It’s culture’: Amazon CEO says massive corporate layoffs were about agility — not AI or cost-cutting

Amazon CEO Andy Jassy says the company’s latest big round of layoffs — about 14,000 corporate jobs — wasn’t triggered by financial strain or artificial intelligence replacing workers, but rather a push to stay nimble. Read More

Amazon confirms 14,000 corporate job cuts, says push for ‘efficiency gains’ will continue into 2026

Amazon confirmed Tuesday that it is cutting about 14,000 corporate jobs in an efficiency push expected to continue into 2026, impacting more jobs in the future. Reuters reported Monday that the number of layoffs could ultimately total as many as 30,000 people. Read More

Amazon CEO nails the odd analogy of the week with head-scratching Christmas tree story

Like tales of Christmas past, the Amazon Leadership Principles can be woven into the fabric of any good holiday analogy. But Andy Jassy lost us with an example related to culture at the tech giant. Read More

Amazon unveils new agentic AI tools for sellers amid heightened scrutiny

Amazon rolled out new agentic AI tools to proactively help sellers manage inventory and create ads — even as surveys and regulators highlight strains in its lucrative marketplace. Read More

Amazon suspends engineer who urged colleagues to oppose Israel contract, citing conduct policy

A Palestinian software engineer at Amazon says he was suspended this week after calling on colleagues to protest the company’s role in the “Project Nimbus” contract with Israel. Amazon cast the situation as a workplace conduct matter, not a political speech issue.
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Time’s ‘100 most influential people in AI’ includes tech leaders with Seattle and Pacific NW roots

Time magazine revealed the 100 most influential people in artificial intelligence with its third annual TIME100 AI list on Thursday,… Read More

Podcast

Have we hit ‘Peak AI’? Microsoft, Amazon, and a pivotal week for Seattle tech

This week on the GeekWire Podcast: Microsoft soars past Wall Street expectations, briefly hitting a $4 trillion valuation, while Amazon… Read More

Amazon cuts hundreds of AWS cloud jobs after strategic review, says AI wasn’t the main factor

Amazon confirmed Thursday morning that it’s cutting jobs within its Amazon Web Services cloud division after a review of its… Read More

Podcast

Podcast: Amazon, Microsoft, and the new realities of AI at work

Amazon just told its workers that AI is coming for their jobs. Microsoft says we’re trapped in an “infinite workday.”… Read More

Andy Jassy’s long game: Amazon’s reinvention enters its 5th phase as AI upends the workforce

Andy Jassy’s latest memo makes it official: AI will reshape and reduce Amazon’s corporate workforce. But this is more than… Read More

Amazon CEO: AI will shrink corporate workforce in coming years

Amazon’s corporate workforce will shrink in the coming years as generative AI takes hold, CEO Andy Jassy told employees Tuesday.… Read More

Amazon shareholders reject oversight proposals as Andy Jassy disputes AI cutback claims

Amazon shareholders on Wednesday rejected all eight independent proposals at the company’s annual meeting, including measures seeking greater scrutiny of… Read More

‘We lit a fire’: Spencer Rascoff’s Match Group overhaul reflects broader tech reckoning

A familiar name pops up at the end of a Wall Street Journal article today about the new balance of… Read More

Amazon deepens Anthropic ties with equity conversion, adding billions to Q1 profit

A portion of Amazon’s investment in AI startup Anthropic converted from notes into stock in the first quarter — triggering… Read More

Amazon CEO Andy Jassy gives measured take on tariffs, says company could emerge stronger

“Obviously, none of us knows exactly where tariffs will settle or when.” That was the opening line of Amazon CEO… Read More

Amazon earnings preview: Cloud growth, AI demand, and tariff risks in focus

Amazon is set to report first-quarter earnings after the market closes on Thursday, May 1, offering a fresh look at… Read More

AI meets YQ: We asked Amazon Nova to analyze — and grade — Andy Jassy’s annual letters

In his 2024 Letter to Shareholders, released Thursday morning, Amazon CEO Andy Jassy introduces a new concept: Amazon’s “Why Culture,”… Read More

Amazon CEO Andy Jassy’s 2024 compensation tops $40M, driven by last year’s stock surge

Amazon CEO Andy Jassy’s total compensation reached $40.1 million in 2024, due largely to strong gains in the company’s stock… Read More