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The Latest Breaking News from Andy Jassy

Amazon and AT&T want an end to remote work: will 2025 finally be the death of WFH?

With the pandemic behind us, some executives argue that remote work has outlived its usefulness. Yet the data tells a different story.

Amazon stops return to office policy for US workers due to lack of office space

Amazon stops return to office policy for US workers due to lack of office space

Despite announcing RTO plans months before they were set to roll out, Amazon still isn’t ready.

AT&T is dumping hybrid work as it follows Amazon in demanding employees spend 5 days a week in office

AT&T is dumping hybrid work as it follows Amazon in demanding employees spend 5 days a week in office

AT&T CEO John Stankey told managers last year they would need to come back to the core office hubs—18,000 returned.

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David Bonderman hailed by everyone from Goldman Sachs CEO to NHL players as PE pioneer passes away at 82

Seattle Kraken is currently led by Samantha Holloway, Bonderman’s daughter.

Return-to-office mandates are associated with an exodus of high performers, research finds

When S&P 500 companies discouraged remote working, skilled employees quit—leaving hard-to-fill vacancies for employers.

How the 173-year-old glass-maker behind Edison's light bulb and iPhone screens became a Silicon Valley darling

CEO Wendell Weeks talks about Corning Inc.’s innovations—ranging from Edison’s lightbulb to the face of your smartphone—and how its fiber-optic cables are powering the AI revolution.

Amazon is making its own AI power play with new Nova models

Amazon is betting that offering AI models of similar capability to others but at a lower price will be the key to winning marketshare

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"It's actually quite difficult to build a really good generative AI application" - Amazon CEO outlines its AI vision, and challenges

"It's actually quite difficult to build a really good generative AI application" - Amazon CEO outlines its AI vision, and challenges

Turns out it's quite difficult to build a good Gen AI app, Amazon CEO says.

Amazon unveils surprise new video and image AI models to compete with the best on the market

Amazon unveils surprise new video and image AI models to compete with the best on the market

Amazon Nova will offer new video and image generation AI models.

Amazon employees are 'rage-applying' as its return-to-office mandate looms—experts say that's exactly what CEO Andy Jassy wants

Amazon employees are 'rage-applying' as its return-to-office mandate looms—experts say that's exactly what CEO Andy Jassy wants

The tech mammoth’s RTO push is wildly unpopular—and that could be exactly what it wants.

Exclusive: Leaked Amazon memos identify critical flaws in the upcoming AI version of Alexa

Exclusive: Leaked Amazon memos identify critical flaws in the upcoming AI version of Alexa

The planned update to voice assistant Alexa is bogged down with problems including latency, which requires "significant improvements,” an internal memo said.

In no great rush to get back to the office? UK home workers may not have a choice

In no great rush to get back to the office? UK home workers may not have a choice

Supermarket chain Asda has joined the growing number of firms demanding staff return to the workplace. Does this signal the end for remote working or is it a new battle line?

The Guardian - UK

Amazon CEO Andy Jassy hates bureaucracy so much he's planning to increase the ratio of employees to managers

Amazon CEO Andy Jassy hates bureaucracy so much he's planning to increase the ratio of employees to managers

The e-commerce giant says bureaucracy creates inefficiency.

CEOs including Satya Nadella and Sam Altman are lining up to congratulate Donald Trump on his election victory

CEOs including Satya Nadella and Sam Altman are lining up to congratulate Donald Trump on his election victory

CEOs and business leaders took to social media to congratulate President-elect Donald Trump on his second White House victory.

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Andy Jassy denies that 5-day RTO plan is a "backdoor layoff"

Jassy insists the move is about strengthening company culture.

Amazon CEO denies forced return to office move is "backdoor layoff"

Andy Jassy says Amazon’s new five-day RTO policy, up from three days, isn’t a layoffs exercise.

Amazon CEO hints new AI Alexa will complete your tasks

Andy Jassy hinted that the long-awaited AI-powered Alexa will be all about taking actions, and not just providing answers. But it’s unclear when the product will actually launch.

Amazon Pops After Q3 Earnings: Is It Too Late to Buy AMZN Stock Now?

While Amazon stock is trading higher today after reporting better-than-expected Q3 earnings, it might still not be too late to buy AMZN stock.

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Amazon Leads Dow Jones Stocks After Stellar Earnings Report

Amazon stock is higher Friday after the e-commerce and cloud giant reported strong Q3 earnings and Wall Street sees even more upside ahead. Here's why.

Investors Business Daily

Amazon, IBD Stock of The Day, Jumps 6% As Earnings Beat Eases Investor Fears

Amazon stock is surging Friday after its Q3 results helped ease investor concerns about operating margins for the tech giant.

AI push sees AWS results hit new high as cloud demand soars

Amazon’s Q3 revenue is up 11% thanks to a 19% growth in its cloud division, which accounts for nearly a fifth of total company revenue.

Amazon's $110 billion cloud business is sporting record profits even amid the expensive the Gen AI arms race

CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may pay off big later.

Distraught Amazon employees send AWS chief open letter against RTO policy, calling it an ‘outright abdication’ of its role as industry leader

Hundreds of employees criticized Amazon’s leadership for making a gut decision rather than a data-driven one.

Hundreds of Amazon employees petition CEO to reverse return-to-office policy

Amazon’s cloud workers have been told to return to the office full-time, but a petition is being put forward to stop that.

Tech Executives Seek Audience With Trump Ahead Of Election

Top tech executives engage with Trump ahead of Election Day, signaling potential support. Trump's interactions with CEOs like Tim Cook, Sundar Pichai, and ...

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