A look at Andy Jassy's challenges running Amazon, down by $1T in market cap since he took over: cutting costs, layoffs, boosting Prime subscribers, and more
Investors joining Amazon's earning call earlier this month were greeted with a surprise guest: the group's chief executive, Andy Jassy.
“I think it's exciting, what's possible with generative AI. And it's part of what you're seeing with models like ChatGPT. But most large, deeply technical cos like #AMZN, have been working on very large, generative AI models themselves for a long time” https://www.ft.com/...
The larger and more successful an organization becomes, the weaker the argument that emerging markets can remain useful engines for growth. Clayton M. Christensen https://www.ft.com/... https://twitter.com/...
Since Andy Jassy took over, Amazon has lost $1tn of market value. Is he just unlucky with timing, or do the issues at the ecommerce giant run deeper? https://www.ft.com/... https://twitter.com/...