Amazon surpasses middle management reduction goals, empowering employees amidst strict return-to-office policy.

As you add a lot of people, you end up with a lot of middle managers. And those middle managers, all well intended, want to put their fingerprints on everything.”

Andy Jassy is flattening the company’s hierarchy, and it may be perfect for Gen Z in its quest to avoid managerial roles and burnout.

Amazon executives and employees have been frustrated by Microsoft's recent quantum claims, questioning the true significance of its new chip.

Amazon CEO Andy Jassy is restructuring the company by reducing layers of middle management. This change is to empower employees with more responsibility and increase efficiency. Jassy aims to improve mobility and decision-making.

Andy Jassy’s cost-cutting measures have already paid off. Amazon has reported higher profits for six consecutive quarters, and its stock has surged 42% in the past year – double the S&P 500’s growth.

Amazon CEO Andy Jassy declared he wanted to 'increase the ratio of individual contributors to managers by at least 15 percent by the end of Q1 2025.' The $2.3 trillion tech giant has already beat the marker.

Amazon CEO Andy Jassy pledged the tech giant will "take great care" with the franchise and doesn't yet have specific plans for its next creative steps.

The hyperscalers are upping their capex spending, and Amazon (NASDAQ:AMZN) is no exception. The online bookseller turned megatech company is

Regardless of the fine points about where it will be next year, one thing to be fairly confident about is that Amazon has a long growth runway, and its stock is a reliable long-term winner. With that in mind, let's see what's happening at Amazon and where it could be at this time next year.

Amazon CEO Andy Jassy says that as the company unveils its next generation of Alexa, Alexa+, powered by generative artificial intelligence, it is keeping customers' privacy top of mind.

The new hardware will go along with Amazon’s AI-upgraded Alexa. Amazon is gearing up to launch new hardware to go along with its AI-upgraded Alexa. During an interview with Bloomberg, Amazon CEO Andy Jassy said the company has a “brand new lineup of devices that are coming in the fall that are beautiful.”