The Latest Breaking News from Andy Jassy

A group of activists is bringing a dispute from South Africa's Cape Town to Amazon's Puget Sound headquarters, hoping to stand in solidarity with some Indigenous people and appeal directly to CEO Andy Jassy.

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

Amazon is locking some laid-off employees out of its offices and their company-issued laptops on Wednesday, about a week after the company started notifying workers that their positions were being cut.

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.