Articles about Andy Jassy

AI job cuts soar but still a tiny fraction of global workforce

While job cuts because of AI in the tech sector could reach 400 000 this year, it is a small percentage of the worldwide workforce.

AI-infused job loss fears at Amazon, Microsoft

Amazon warns GenAI will trim its workforce as the tech “changes the way our work is done”, while it’s reported Microsoft will cut thousands of roles as it increases spending on AI.

Tech industry giants rave over Meta’s Llama 3.1 405B update

Meta’s upgrade of Llama 3.1 405B becomes a buzz among the tech industry experts, who tout a significant milestone in the evolution of open source AI.

AWS leadership changes as CEO Selipsky steps down

Adam Selipsky will be replaced by Matt Garman, a senior VP who has overseen sales and marketing at AWS, effective 3 June.

Amazon to invest $4bn in AI start-up Anthropic

Under the deal, Anthropic will use AWS Trainium and Inferentia chips to build, train and deploy future foundation models.

SA's tech recruitment slumps amid fresh global layoffs

Hiring activity in SA continues on a downward spiral, as global technology firms introduce a second round of layoffs, says CareerJunction.

Global tech behemoths post gloomy results

Apple, Google and Amazon have reported disappointing financial results, either with revenues declining or missing expectations.

Amazon to cut global workforce by 18 000

Amazon will eliminate over 18 000 roles, the majority of role eliminations are in Amazon stores and people experience and technology solutions units

Amazon to hire thousands as its business booms

Amazon is on a recruitment drive to add 55 000 staff globally for corporate jobs and roles in robotics, research and engineering.

Amazon posts $113bn net sales as CEO Andy Jassy starts tenure

The company’s operating income increased to $7.7 billion in the second quarter, compared with $5.8 billion in second quarter 2020.

Amazon’s billionaire CEO Jeff Bezos steps down

Jeff Bezos will transition to the role of executive chairman, and Andy Jassy, CEO of Amazon Web Services, will become chief executive officer of Amazon.

AWS CEO takes aim at tech ‘old guard’

During the company’s ninth annual re:Invent conference, Andy Jassy announced a slew of new products targeting Microsoft and Oracle.