Amazon surpasses middle management reduction goals, empowering employees amidst strict return-to-office policy.

Amazon executives and employees have been frustrated by Microsoft's recent quantum claims, questioning the true significance of its new chip.

As you add a lot of people, you end up with a lot of middle managers. And those middle managers, all well intended, want to put their fingerprints on everything.”

Amazon is looking to go for an organisational restructuring to "flatten the hierarchy" as CEO Andy Jassy believes it would encourage individual employees to take more responsibility and fasten the decision-making within the company.

Andy Jassy is flattening the company’s hierarchy, and it may be perfect for Gen Z in its quest to avoid managerial roles and burnout.

Amazon CEO Andy Jassy pledged the tech giant will "take great care" with the franchise and doesn't yet have specific plans for its next creative steps.

Andy Jassy’s cost-cutting measures have already paid off. Amazon has reported higher profits for six consecutive quarters, and its stock has surged 42% in the past year – double the S&P 500’s growth.

Amazon CEO Andy Jassy declared he wanted to 'increase the ratio of individual contributors to managers by at least 15 percent by the end of Q1 2025.' The $2.3 trillion tech giant has already beat the marker.

The new hardware will go along with Amazon’s AI-upgraded Alexa. Amazon is gearing up to launch new hardware to go along with its AI-upgraded Alexa. During an interview with Bloomberg, Amazon CEO Andy Jassy said the company has a “brand new lineup of devices that are coming in the fall that are beautiful.”

The hyperscalers are upping their capex spending, and Amazon (NASDAQ:AMZN) is no exception. The online bookseller turned megatech company is

Amazon CEO Andy Jassy says that as the company unveils its next generation of Alexa, Alexa+, powered by generative artificial intelligence, it is keeping customers' privacy top of mind.

Regardless of the fine points about where it will be next year, one thing to be fairly confident about is that Amazon has a long growth runway, and its stock is a reliable long-term winner. With that in mind, let's see what's happening at Amazon and where it could be at this time next year.