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It's culture, not costs or AI: Amazon CEO Andy Jassy justifies 14,000 layoffs
AmazonAmazon(US:AMZN) Invezzยท2025-10-31 07:46

Core Insights - Amazon's CEO Andy Jassy provided a surprising rationale for the company's decision to lay off 14,000 employees, indicating that the layoffs were not primarily motivated by financial pressures [1] Group 1: Layoff Justification - The layoffs are part of a broader strategy rather than a direct response to financial difficulties [1] - Jassy emphasized that the decision was made to streamline operations and focus on long-term goals [1] Group 2: Company Strategy - The company is looking to enhance efficiency and productivity through these workforce reductions [1] - This move reflects Amazon's ongoing adjustments in response to changing market conditions and operational needs [1]