Amazon Faces Morale Strain as Jassy Reshapes Company After Record Layoffs
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This article first appeared on GuruFocus. Amazon (AMZN, Financials) is undergoing one of the biggest transformations in its history as CEO Andy Jassy reshapes the company to run leaner, faster, and more focused on artificial intelligence. Jassy has launched a broad overhaul of Amazon's corporate structure, including 14,000 layoffs announced last week and another round expected early next year.
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This article first appeared on GuruFocus. Amazon (AMZN, Financials) is undergoing one of the biggest transformations in its history as CEO Andy Jassy reshapes the company to run leaner, faster, and more focused on artificial intelligence. Jassy has launched a broad overhaul of Amazon's corporate structure, including 14,000 layoffs announced last week and another round expected early next year.