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The Latest Breaking News from Andy Jassy

Amazon says it expects to cut human workers and replace them with AI

"It's hard to know exactly where this nets out over time," says Amazon CEO Andy Jassy.

TechRadar

Andy Jassy is the perfect Amazon CEO for the gen-AI cost-cutting era

The Amazon chief's public memo about AI's impact on the workforce raises numerous questions. But there's one clear takeaway if you've been paying attention to the company.

Fortune

Amazon plans to cut corporate jobs as it turns more to AI

Amazon plans to “reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company,” CEO Andy Jassy said.

The Independent UK

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Amazon CEO Andy Jassy shares the No. 1 career mistake Gen Z is making in their 20s that’s easily avoidable

Before running a trillion-dollar company, Jassy coached soccer, worked retail, and dabbled in sportscasting—a lesson he says Gen Z should take on the power of exploration.

Fortune

Andy Jassy's focus on explaining Amazon's AI bets publicly is something other CEOs can learn from

Also: OpenAI’s $6.5 billion acquisition and two Israeli embassy staff killed in Washington shooting.

Fortune

Andy Jassy makes the case for Amazon's extraordinary AI spending, promising shareholders they will end up 'very happy'

Amazon's annual shareholder meeting lacked surprises, but provided the CEO with another chance to build faith in his AI spending.

Fortune

Meet Amazon's 38-year old supply chain guru helping CEO Andy Jassy navigate tariff chaos with a giant fleet of planes, trucks, and robots

Udit Madan is Amazon's youngest and newest SVP, overseeing the most critical arms of internet retail giant's business.

Fortune

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Is Amazon Stock Headed Above $300 in 2025?

Tigress Financial recently raised Amazon’s target price to a Street-high of $305. Here is the bull case for AMZN and the key factors that can drive the stock higher.

Barchart

Jeff Bezos is set to sell nearly $5bn worth of Amazon stock amid Trump’s tariffs

Disclosure comes as Amazon cited ‘recessionary fears’ in first-quarter financial results

The Independent UK

Amazon CEO Andy Jassy plays up his retail rivals’ worst nightmare: Trump’s tariffs may actually strengthen Amazon

Jassy tried to persuade Wall Street that Amazon will be just fine, despite worries about a tariff war with China.

Fortune

Amazon posts robust sales and profit beat but outlook clouded

Amazon posted higher first-quarter profit and sales that beat analysts' projections, underscoring the online behemoth's hold on shoppers looking for low prices and a wide selection in an uncertain economy.

Euronews

Amazon CEO says the $2 trillion retailer is ‘pretty maniacally focused’ on keeping prices down amid tariff pressure

Andy Jassy told analysts during an earnings call “there’s maybe never a more important time in recent memory” to maintain prices.

Fortune

Amazon Revenue Climbs 9%, But Outlook Sends Shares Lower

Amazon reported a nine percent rise in first-quarter revenue on Thursday, but its outlook fell below expectations as potential impact from the US-China trade war rattled investors.

International Business Times

Trump admin accuses Amazon of partnering with 'a Chinese propaganda arm' over tariff listing talk

Amazon was going to display tariffs on certain Amazon Haul products, but the change was never approved.

TechRadar

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Tom’s Hardware

Amazon's Starlink rival sees the first 27 satellites successfully reach low-earth orbit — Project Kuiper satellites 'operating as expected'

Amazon's Project Kuiper has successfully launched its first set of satellites.

Fortune

Exclusive: Amazon is no longer penalizing some top sellers for raising prices aggressively amid U.S.-China tariff war

Amazon recently penalized some top sellers who increased prices amid Trump's tariff war. But those penalties have now been reversed.

Fortune

Some desperate sellers say Amazon is penalizing them for raising prices to combat Trump’s China tariffs

Amazon CEO Andy Jassy said recently that sellers would “pass that cost” of tariff increases on to customers. But their reality has been more complicated.

TechRadar

Amazon paid out more to Jeff Bezos than its actual CEO in 2024

Jeff Bezos received $1.6 million in security costs in 2024, even though his salary was ‘only’ $81,840.

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Fortune

The rise of the simplifier-in-chief

CEOs are confronting complexity and organizational bloat. Here's how.

Fortune

The hidden cost of complexity—and the CEOs who are cutting it

CEOs like Jamie Dimon and Andy Jassy are rejecting complexity in favor of leaner, faster, sharper organizations.

Fortune

Amazon CEO Andy Jassy says after nearly 30 years at the company, one trait separates those who see their career thrive: a high ‘WhyQ’

The Amazon veteran says asking a lot of questions is the biggest differentiator between those who see their careers fly—and those who don’t—at the $2 trillion tech giant.

TechRadar

Amazon CEO says it has to operate like the “world's largest startup”, urges AI investment

Jassy sees seven commonalities between Amazon and startups as he spells out the future for the company.

Fortune

Andy Jassy’s new shareholder letter highlights his quest to resurrect the startup that Amazon once was

What the CEO is seeking to do is largely uncharted territory: transforming a global behemoth into the “world’s largest startup.”

International Business Times

US-China Trade War: Amazon's Products Expected to Rise as Chinese Sellers Suffer 145% Tariff

Amazon shoppers may face higher prices as Chinese sellers respond to new 145% U.S. tariffs by raising costs or exiting the market.

Fortune

Amazon’s CEO sounds alarm on complacent leaders who stop learning

Amazon CEO Andy Jassy warns that losing the will to learn is a direct threat to long-term success for leaders.

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