CEO Andy Jassy has clarified that these layoffs are not primarily driven by financial pressures or the replacement of workers ...

Amazon.com, Inc. (NASDAQ:AMZN) was due to report its earnings when this show was aired. The results saw the firm deliver 20% growth with its crucial Amazon Web Services cloud business.

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into the next few months giving him 'significant confidence' he said.

Wall Street loved what it saw from Amazon this week. Yes, despite the layoffs.

Amazon’s CEO has finally spoken up about the company’s 14,000 layoffs earlier this week, and he claims the motive was not at ...

Amazon and Walmart are among firms warning employees of layoffs or disruption from AI as leaders across corporate America talk of increasing efficiency.

Following significant layoffs in its devices division, Amazon VP Tapas Roy has urged remaining employees to embrace AI, cut ...