Amazon's 14,000 Layoffs Are About 'Culture,' Not Cash, Says CEO Andy Jassy
Benzinga
2025-10-31
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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.
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