Amazon Cuts 16,000 Jobs in Latest Round of Layoffs
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Amazon announces another mass layoff as CEO Andy Jassy takes aim at bureaucracy and seeks a cultural reset.
After keeping prices down last year, Andy Jassy says it’s becoming more challenging for sellers to absorb tariff costs.
Jassy said on Tuesday that while Amazon is trying to keep prices low, price hikes may be unavoidable in some cases.
The tech giant canceled a morning meeting after sending a commiserating email to affected employees hours before the meeting was to occur.
Tariffs are starting to drive up prices on Amazon, according to CEO Andy Jassy. Shoppers are already shifting toward cheaper brands and bargain hun
Amazon CEO Andy Jassy said that retailers are running out of stockpiled goods imported before tariffs and "don't have endless options."
On Saturday night, Apple CEO Tim Cook attended a private movie screening at the White House. So did the CEOs of Amazon, Zoom, AMD, and ... Read More
Andy Jassy, the CEO of Amazon, is known for being honest about how businesses should treat their customers. He has shared insights over the years that.