Michael Nunez, deputy tech editor at Mashable.com, discusses recent reports that Amazon will layoff hundreds of employees from its consumer retail business. Nunez says these layoffs shouldn't worry investors, adding that overall headcount is still increasing. He talks about Amazon's move into this next chapter as they focus on artificial intelligence, the Whole Foods acquisition, and Amazon Web Services.

Share:
More In Business
Jonathan Majors Arrested on Assault Charge in New York
The actor Jonathan Majors was arrested Saturday in New York on charges of strangulation, assault and harassment, authorities said. On Sunday, an attorney for Majors said there's evidence that he is “entirely innocent."
Twitter Hunts Github User Who Posted Source Code Online
Some parts of Twitter's source code — the fundamental computer code on which the social network runs — were leaked online, the social media company said in a legal filing that was first reported by The New York Times.
Load More