Amazon’s CEO says its 14,000 job cuts weren’t driven by costs or AI: ‘It’s about culture’
Amazon CEO Andy Jassy Kevin Dietsch/Getty Images Amazon cut 14,000 jobs this week. CEO Andy Jassy said the cuts were […]
Travel nightmare across the northeast as severe weather causes hundreds of flight cancellations and delays
Heller and her father-in-law, happy to be off the plane; Frank Granati, eager to get to Detroit. Jamie Heller Severe
Goldman Sachs CEO David Solomon: The bank hasn’t made enough progress in hiring women
Solomon said the bank still has work to do when it comes to hiring women. Nicolò Campo/LightRocket via Getty Images
Goldman Sachs CEO David Solomon: The bank hasn’t made enough progress in hiring women Read Post »
This is the severance package Rivian is offering to more than 600 employees who were laid off
Smith Collection/Gado/Getty Images Rivian announced on October 23 that it was laying off 4.5% of its workforce. The company put
5 of the biggest takeaways from Meta’s Q3 earnings call
Meta shares fell nearly 9% in after-hours trading. Carlos Barria/REUTERS Meta reported Q3 earnings on Wednesday as shares fell nearly
5 of the biggest takeaways from Meta’s Q3 earnings call Read Post »
Watch Live: BI’s tech team talks Amazon layoffs and what it means for your career
BI’s correspondents will discuss the recent Amazon layoffs and what comes next. BI Thousands of Amazon workers lost their jobs
Watch Live: BI’s tech team talks Amazon layoffs and what it means for your career Read Post »
Miss Universe announces a new CEO just days before contestants are set to arrive in Thailand for the 2025 pageant
Anne Jakrajutatip is no longer Miss Universe’s CEO. Josh Brasted/Getty Images Anne Jakrajutatip has been replaced as CEO of Miss
Read the memo YouTube’s CEO sent about employee buyouts and a reorganization
CEO Neal Mohan said in a memo to YouTube employees that buyouts would be offered as part of its reorganization
Read the memo YouTube’s CEO sent about employee buyouts and a reorganization Read Post »
Mark Zuckerberg fielded lots of investor questions about where the billions Meta is spending on AI is going
Meta CEO Mark Zuckerberg Nick Wass/AP Meta plans to spend $70 billion to $72 billion this year on AI infrastructure.
Big Tech says ‘AI bubble? What AI bubble?’
Eli Hiller/For The Washington Post via Getty Images Google, Meta, and Microsoft all reported earnings and showed no sign of
Big Tech says ‘AI bubble? What AI bubble?’ Read Post »