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Amazon cuts 14,000 jobs: CEO Andy Jassy breaks silence; what he said
Amazon CEO Andy Jassy revealed that the recent layoff of 14,000 employees isn't due to financial woes or AI, but rather a cultural shift. He explained that rapid growth led to increased layers and diluted ownership, slowing down operations. This contrasts with other executive statements emphasizing AI's transformative role and the need for leaner structures.

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