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Amazon cuts 14,000 jobs: CEO Andy Jassy breaks silence; what he said

Vanshika
N Shorts
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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Vanshika

Meet Vanshika, a promising trainee at Newzquest.in, who plays a vital role in managing the news site’s operations with dedication and precision. With a strong interest in economics and data-driven insights, Vanshika focuses on analyzing economic trends to provide clear and timely news reporting. Her analytical mindset and eagerness to learn have made her an important contributor to the editorial process, enhancing content quality and aligning with the diverse expectations of Newzquest’s audience. Committed to continual growth, Vanshika actively deepens her understanding of the news landscape to offer nuanced insights on critical issues, helping foster a well-informed community.

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