The Latest Breaking News from Andy Jassy

CEO Andy Jassy knew Amazon may have been expanding too fast during the pandemic, but defends layoffs.

Some employees in Amazon's human resources department will clock out for the last time on Dec. 23, part of a broad push by the Seattle-based company to shrink its corporate workforce by 3% in coming months.

Amazon confirmed on Thursday that it is laying off staff, after days of rumors that the e-commerce behemoth would become the latest tech giant to unleash a large-scale redundancy plan amid a souring economic environment. "The economy remains in a challenging spot and we've hired rapidly the last several years,"…

Some Amazon employees may have to wait until next year to learn if their job is safe.

Amazon isn't done reviewing its businesses to see where cuts need to be made.

The voice-command technology and its accompanying hardware could never reach critical mass while generating recurring revenue.

Amazon’s efforts to boost revenues may not pay off as inflation and receding consumer demand bite into profits.

E-commerce leader Amazon.com Inc (NASDAQ: AMZN) reported third-quarter financial results after the market close Thursday. Here's what investors need to know. 

The National Labor Relations Board has filed a complaint accusing Amazon CEO Andy Jassy of violating labor law during media interviews this year where he said workers are better off without a union