[6][7] jassy was svp and ceo of amazon web services from 2003 to 2021. Yet under jassy’s leadership, amazon has not only. Speaking during the company’s quarterly earnings call thursday, ceo andy jassy said laying off those employees was about a mismatched cultural fit—and nothing else.
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It was not surprising that amazon shares surged on friday morning after the company's show me quarter proved to be a show of major force from ceo andy jassy, according to cnbc's jim cramer.
Amazon ceo andy jassy addressed the company’s recent layoffs during its quarterly earnings call on oct
30, saying the decision to cut 14,000 corporate positions was based on cultural factors. Ceo andy jassy’s 2024 letter to shareholders shareholder letter andy jassy written by andy jassy, ceo of amazon april 10, 2025 26 min read Andy jassy explains amazon’s 14,000 layoffs, buying nvidia chips, upcoming trainium3 ai chips, aws capacity and sales growth, and its bedrock ai agent platform. Amazon said cuts could continue into 2026
During an earnings call with analysts on thursday, amazon ceo andy jassy addressed the layoffs for the first time since they were announced two days prior. When andy jassy succeeded jeff bezos as ceo of amazon, in 2021, he stepped into one of the most scrutinized leadership roles in business