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10 months ago
5
Human InterestTechnology
17 November 2023, 12:45 pm 1 minute
Reuters exclusively reported that Amazon.com (AMZN.O) on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred employees working on Alexa.
Market Impact
The latest cuts come even as Amazon reported third-quarter net income that far exceeded analyst estimates and forecast revenue in the year’s final quarter roughly in line with expectations. The fourth quarter is Amazon’s most crucial, as it includes holiday shopping.
Article Tags
Topics of Interest: Human InterestTechnology
Type: Reuters Best
Sectors: Technology
Regions: Americas
Countries: US
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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