Amazon CEO reveals the reason behind 14,000 job cuts
Amazon CEO Andy Jassy defended the recent layoffs which affected 14,000 employees, saying, "We're committed to operating like the world's largest startup, and that means removing layers." "The announcement that we made…wasn't really financially driven, and it's not even really AI-driven, not right now, at least…Really, it's culture," he added. Jassy said the layers "can lead to slowing you down".