Amazon's 14,000 Layoffs Are About 'Culture,' Not Cash, Says CEO Andy Jassy

Amazon's 14,000 Layoffs Are About 'Culture,' Not Cash, Says CEO Andy Jassy

Amazon CEO Andy Jassy said the company’s 14,000 job cuts were driven by cultural goals, not financial pressure or AI shifts. The move aims to streamline management and restore Amazon’s fast-moving “startup” spirit. Quarterly sales rose 13 to $180 billion, with shares up 13 after hours.


User: Benzinga

Views: 23

Uploaded: 2025-10-31

Duration: 00:49