Amazon CEO Andy Jassy is betting that generative AI will change how the company thinks about its workforce in the future.
Amazon CEO Andy Jassy ominously warned Tuesday that he expects the rise of generative artificial intelligence to “reduce” the company's corporate workforce in the next few years.
Amazon CEO Andy Jassy said that generative AI is changing the company's workflow. He said that in addition to "efficiency gains," he expects that AI could mean white-collar job cuts.
30 Jul 2025 (43 Days) Date | | - Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
6 Feb 2025 Date | | 1.48 Cons. EPS | 1.86 EPS |
30 Jan 2025 Date | | - Cons. EPS | - EPS |
31 Oct 2024 Date | | 1.14 Cons. EPS | 1.43 EPS |
30 Jul 2025 (43 Days) Date | | - Cons. EPS | - EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
6 Feb 2025 Date | | 1.48 Cons. EPS | 1.86 EPS |
30 Jan 2025 Date | | - Cons. EPS | - EPS |
31 Oct 2024 Date | | 1.14 Cons. EPS | 1.43 EPS |
Specialty Retail Industry | Consumer Cyclical Sector | Mr. Andrew R. Jassy CEO | NASDAQ (NGS) Exchange | 023135106 Cusip |
US Country | 1,560,000 Employees | - Last Dividend | 6 Jun 2022 Last Split | 15 May 1997 IPO Date |
Amazon.com, Inc. is a multinational conglomerate that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It was founded in 1994 and has its headquarters in Seattle, Washington. Amazon has established itself as a leader in the online retail world, providing an extensive range of consumer products, advertising solutions, and subscription services. The company operates on a global scale, with key market segments in North America and International territories, along with its Amazon Web Services (AWS) sector, which offers advanced cloud computing solutions. Amazon's mission encompasses the retail sale of consumer products and services through online and physical outlets, manufacturing of electronic devices, content production, and provision of a platform for sellers, content creators, and developers.