Amazon
Tuesday brought 14,000 job cuts and fresh AI concerns. By Thursday, investors were cheering.Then, Monday’s announcement of a $38 billion deal between OpenAI and AWS eased concerns about Amazon’s biggest vulnerability.Wall Street is impressed — Amazon shares hit record highs on Friday and popped another 5% on Monday’s news.Still, questions…
2025-11-02T10:54:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
Want to get ahead in Amazon’s home security unit? You’d better be using AI.In July, Business Insider viewed an email from Jamie Siminoff, Amazon’s VP of product who runs the home security division. In it, Siminoff said that all promotion applications would require employees to list how they were using…
Small grocery stores are gaining popularity, including with Whole Foods.The Amazon-owned chain has been opening locations using a new format, Whole Foods Market Daily Shop, for about a year. Last week, Whole Foods opened its latest Daily Shop store near its HQ2 in Arlington, Virginia — right across the Potomac…
Amazon slashed 14,000 jobs this week — not to cut costs or chase AI, but because they didn’t fit the culture.That’s according to Amazon CEO Andy Jassy, who shared his thoughts about the layoffs for the first time during the company’s quarterly earnings call on Thursday.”The announcement that we made…
Good morning! Moving to a new city is hard enough, let alone with a couple of young kids. But a stay-at-home mom told BI her children were the key to making friends in a Houston suburb. It’s the final story in a BI series that followed three people for a…
One woman is processing being laid off while on a tropical vacation. Another’s “get ready with me” video turned sour after she said she’d learned her fate.With as many as 14,000 Amazon employees set to lose their jobs, some workers who said they were laid off by the e-commerce company…
Amazon job cuts on Tuesday heavily impacted early to mid-level managers in the retail division, according to internal data obtained by Business Insider. Some employees are now worried Amazon Web Services could be next.More than 78% of the roles eliminated on Tuesday were held by managers assigned L5 to L7…
Amazon announced Tuesday that it plans to cut 14,000 corporate jobs as part of a broader effort to become leaner in an era shaped by AI.Employees in the US, Canada, and Europe have been receiving notifications about the cuts, according to internal Slack posts viewed by Business Insider.A notification to…
