Amazon reportedly plans more job cuts in thousands next week
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Tariffs and rising costs are reshaping what consumers can expect from Amazon.
Amazon employees respond to expected layoffs and corporate job cuts by posting memes referencing founder Jeff Bezos' two-pizza rule.
Analysts and AWS watchers agree that the roughly 15,000 cuts are caused by ‘culture’, but there is disagreement about what that actually means.
CEO Andy Jassy has committed the tech giant to funding its own massive energy needs for artificial intelligence (AI), aligning with a similar pledge from Microsoft Corp. (NASDAQ:MSFT) amidst growing political pressure to protect consumers from rising electricity bills.
AI-powered shopping has the potential to be a big boost to Amazon’s retail business, CEO Andy Jassy said on Tuesday. And while Amazon already has its own shopping chatbot, it is also looking for ways to partner with other companies to run their chatbots on its site.