‘It’s Culture’: Amazon CEO Says Massive Seattle Corporate Layoffs Were About Agility — Not AI or Cost-Cutting

Amazon Layoffs Blamed on Culture, Not AI?

Amazon CEO Andy Jassy has downplayed the role of artificial intelligence in the company’s latest round of mass layoffs, instead attributing the decision to internal cultural issues. The e-commerce giant announced earlier this week it would cut 14,000 corporate jobs, a move that surprised many in the tech industry, where overhiring and AI-driven automation are often blamed for workforce reductions. During Thursday’s earnings call, Jassy made it c…

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

‘Culture’ the reason behind Amazon cutting 14,000 jobs, CEO says

Amazon didn't want to save money when the company recently turfed 14,000 employees. Rather, it was driven by "culture" says its CEO, Andy Jassy.

Amazon CEO Reveals the Real Reason Behind the Company's 14,000 Job Cuts — And It's Not Because of AI or Cost Cutting

Amazon slashed 4% of its 350,000-person global corporate workforce, marking one of the largest job cuts in the company's history.

Amazon cuts jobs Tuesday, rallies Friday as AI plan reassures investors

Amazon had a whiplash week. It began on Tuesday with 14,000 layoffs that raised questions about the company’s culture and its progress in artificial intelligence. By Thursday, the mood shifted. Strong quarterly results and a bigger spending plan lifted confidence, and by Friday the stock hit record highs, even as doubts remained. “Amazon isn’t perfect, and we are seeing increasing urgency in defending their cloud leadership position and reclaimi…

Amazon cuts 14K corporate jobs as AI spending accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June, CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would reduce Amazon