142 Chief Executive Officer Andy Jassy announced the move in a memo to staff Wednesday, saying it followed the company’s annual planning process. Chief Executive Officer Andy Jassy announced the move in a memo to staff Wednesday, saying it followed the company’s annual planning process. The cuts, which began last year, were previously expected to affect about 10,000 people. The reduction is concentrated in the firm’s corporate ranks, mostly Amazon’s retail division and human resources functions like recruiting. “Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so,” he said. “These changes will help us pursue our long-term opportunities with a stronger cost structure.” You Might Be Interested In ING teams up with Quantexa to tackle money laundering with AI-powered platform Semiconductor Chip Supply Crisis Nearing an End, says Qualcomm CEO OpenAI, led by Sam Altman, Rejects New York Times’ Claims, Attributes Content Regurgitation to ‘Rare Bug.’ Caterpillar to showcase giant 100-ton truck at CES 2023 Google developing free anti-terrorism moderation tool for smaller websites A “code red” has reportedly been issued by Google management in response to ChatGPT AI’s growing popularity.
