Latest news with #AndyJassy
Time of India
2 hours ago
- Business
- Time of India
Yahoo Japan to all its 11,000 employees: Using AI is mandatory to…
Yahoo Japan has announced that all 11,000 employees must integrate generative AI into their daily work tasks, aiming to double productivity by 2028 through comprehensive automation of routine workplace functions. The company, which also operates the popular LINE messaging app, will require staff to use AI tools for research, meeting documentation, expense management, and competitive analysis. The initiative targets tasks that consume approximately 30% of employees' time, including searching, drafting, and routine documentation. Yahoo Japan has already developed internal tools like SeekAI to manage expense claims and data searches using prompt templates. AI will also create agendas, summarize meetings, and proofread reports, enabling employees to focus on higher-level decision-making and strategic discussions rather than administrative tasks. Other tech giants also jump on the mandatory AI bandwagon by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dementia Has Been Linked To a Common Habit. Do You Do It? NeuroVita Global Learn More Undo Yahoo Japan isn't alone in forcing employees to embrace artificial intelligence. Shopify CEO Tobi Lütke established AI use as a "baseline expectation" in an internal memo, requiring teams to demonstrate why AI cannot accomplish tasks before requesting additional resources. Amazon has taken an even more aggressive approach, with CEO Andy Jassy telling employees the company will need "fewer people doing some of the jobs" as AI automation expands. The e-commerce giant currently operates over 1,000 generative AI services and has cut more than 27,000 jobs since 2022, linking workforce reductions to AI-driven efficiency gains. Amazon's Ring division now requires employees to demonstrate AI usage for promotion eligibility, according to TechRadar. The company reported its AI coding assistant saved programmers 4,500 years of work through automated software upgrades. Will forced AI use actually boost workplace productivity While companies tout productivity benefits, research suggests mixed outcomes from mandatory AI adoption. Some studies indicate AI may decrease rather than increase overall workplace productivity, raising questions about aggressive implementation timelines. Alphabet CEO Sundar Pichai has dismissed job displacement fears, describing AI as "an accelerator" that eliminates tedious tasks while creating opportunities for higher-value work. However, employee reactions remain skeptical, with Amazon workers expressing concerns about job security on internal communication channels. Yahoo Japan's comprehensive mandate represents a significant test case for whether mandatory AI integration can deliver promised productivity gains. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
4 hours ago
- Business
- Yahoo
Think It's Too Late to Buy Amazon? Here's the Biggest Reason Why There's Still Time.
Key Points Cloud services are still a small percentage of Amazon's information technology (IT) spend. Amazon is investing more than $100 billion this year to develop its artificial intelligence (AI) platform. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) has been one of the best investments money can buy over its nearly three decades on the stock market. It's up more than 233,000% since its first-day closing price, and if you'd invested $1,000 then, you'd have more than $2.33 million today. But the growth story isn't finished. There are many reasons to believe Amazon stock can soar some more. Here's the biggest reason why. There is a shift to the cloud One theme CEO Andy Jassy mentions at almost every opportunity is the shift to the cloud. Amazon Web Services (AWS) is Amazon's cloud solutions business, and it's the largest in the world, with 30% of the market, according to Statista. It's one of the company's fastest-growing segments, up 17% in the 2025 first quarter, and it's responsible for most of Amazon's operating income -- 63% in the quarter. However, according to Jassy, cloud services are still a small percentage of the company's information technology (IT) spend. Jassy says that 85% to 90% of IT spend is still on the premises, but over the next 10 to 20 years, that's going to switch. If clients were already starting to make the switch before the advent of generative artificial intelligence (AI), they're even more interested now, because the cloud is where there are the greatest opportunities to engage with and benefit from AI. That's a natural growth driver for Amazon, and even more important for the bottom line. Amazon is investing more than $100 billion in developing its AI business in 2025 alone to offer the most competitive platform and maintain its lead, and it's well-positioned to benefit from the shift to the cloud over the next decade or two. That makes its stock a buy. Do the experts think Amazon is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Amazon make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,034% vs. just 180% for the S&P — that is beating the market by 853.75%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Jennifer Saibil has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. Think It's Too Late to Buy Amazon? Here's the Biggest Reason Why There's Still Time. was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
6 hours ago
- Business
- Globe and Mail
Think It's Too Late to Buy Amazon? Here's the Biggest Reason Why There's Still Time.
Key Points Cloud services are still a small percentage of Amazon's information technology (IT) spend. Amazon is investing more than $100 billion this year to develop its artificial intelligence (AI) platform. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) has been one of the best investments money can buy over its nearly three decades on the stock market. It's up more than 233,000% since its first-day closing price, and if you'd invested $1,000 then, you'd have more than $2.33 million today. But the growth story isn't finished. There are many reasons to believe Amazon stock can soar some more. Here's the biggest reason why. There is a shift to the cloud One theme CEO Andy Jassy mentions at almost every opportunity is the shift to the cloud. Amazon Web Services (AWS) is Amazon's cloud solutions business, and it's the largest in the world, with 30% of the market, according to Statista. It's one of the company's fastest-growing segments, up 17% in the 2025 first quarter, and it's responsible for most of Amazon's operating income -- 63% in the quarter. However, according to Jassy, cloud services are still a small percentage of the company's information technology (IT) spend. Jassy says that 85% to 90% of IT spend is still on the premises, but over the next 10 to 20 years, that's going to switch. If clients were already starting to make the switch before the advent of generative artificial intelligence (AI), they're even more interested now, because the cloud is where there are the greatest opportunities to engage with and benefit from AI. That's a natural growth driver for Amazon, and even more important for the bottom line. Amazon is investing more than $100 billion in developing its AI business in 2025 alone to offer the most competitive platform and maintain its lead, and it's well-positioned to benefit from the shift to the cloud over the next decade or two. That makes its stock a buy. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* Now, it's worth noting Stock Advisor's total average return is 1,034% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Jennifer Saibil has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.
Mint
7 hours ago
- Business
- Mint
Here's what Amazon pays its latest AI recruits across job roles — H-1B holders can make between ₹1.59-2.27 crore/year
Tech giant and e-commerce major Amazon has moved full-steam ahead with its artificial intelligence (AI) plans, onboarding nearly 11,300 foreign workers in the first quarter of 2025 to fill related roles, Business Insider reported citing data from job portals. These roles can earn the employess between ₹ 1.59-2.27 crore annually, in terms of salary, excluding benefits and stock options, it added. Amazon CEO Andy Jassy in June emphasised that staff at particular subsidiaries must show how they use AI when applying for promotions. The report noted that Amazon is beating Meta, Google and Microsoft by 3x in terms of job adverts on AI job search platform Jobright. BI further reported that data in public filing show that the company has as many as 15 lakh employees, of which 11,300 are foreign workers (largely on H-1B visa), were employed in Q1 of 2025. The salary ranges from $185,000 to $263,700 (between ₹ 1.59-2.27 crore) for a software engineer at Amazon Web Services to a software development engineer at respectively, the report said, citing public filings data. For data scientists and financial analysts, the salary ranges from $204,028-230,900 (around ₹ 1.76-1.99 crore); while technical product managers can make $235,200 (approx ₹ 2.02 crore). Responding to queries, an Amazon spokesperson told the publication that the pay is 'based on role and level and informed by location, performance, and other factors'. They added that the pay is attractive and motivating, so that the company gets ' highest-caliber talent'. The spokesperson also noted that Amazon's salary package is regularly reviewed to 'ensure they're competitive'. The report noted that this data is based on applications from Q1 of 2025. Software Development Engineer at Amazon Data Services: $108,826 to $223,600 Software Development Engineer at Amazon Development Center US: $95,493 to $260,600 Business Intelligence Engineer at Amazon Web Services: $96,678 to $176,012 Enterprise Account Engineer at Amazon Web Services: $103,605 to $238,965 Professional Services at Amazon Web Services: $105,997 to $218,200 Software Development Engineer at Amazon Web Services: $84,094 to $223,600 Solutions Architect at Amazon Web Services: $112,474 to $225,000 Support Engineer-External at Amazon Web Services: $63,835 to $160,000
News18
8 hours ago
- Business
- News18
Amazon Salary For Employees In 2025: How Much Does The Tech Giant Pay?
Amazon hired over 11,000 H-1B workers in Q1 2025, with software engineers earning up to $263,700 and data scientists up to $230,900. Amazon hired around 11,300 foreign employees in the US under the H-1B visa programme during the first quarter of 2025, according to a report by Business Insider citing publicly available visa filings. These filings offer a rare glimpse into the salary ranges Amazon offers its highly skilled foreign workforce, many of whom are Indian nationals, across different divisions and roles. With a global headcount of 1.5 million, Amazon continues to rely on specialist H-1B talent to power its US tech operations, particularly in roles like software development, data science, product management, and cloud infrastructure. Software Development Engineer ( Up to $263,700 Data Scientist: Up to $230,900 Technical Product Manager: Up to $235,200 Software Engineer (AWS): Up to $185,000 At Amazon Web Services (AWS), for instance, enterprise account engineers can earn up to $238,965, while applied scientists at can draw as much as $260,000. An Amazon spokesperson told Business Insider that compensation varies based on role, experience, location, and performance. The company reviews pay structures regularly to remain competitive and retain top talent. Amazon Layoffs 2025 Last week, Amazon laid off 'at least hundred" employees from its Amazon Web Services cloud computing division, news agency Reuters reported. The exact number of job cuts has not been disclosed. The move comes just a month after CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction. 'We've made the difficult business decision to eliminate some roles across particular teams in AWS… These decisions are necessary as we continue to invest, hire, and optimise resources to deliver innovation for our customers," an Amazon spokesperson said while confirming the layoffs. Amazon employed 16 lakh full- and part-time employees globally as of March 31, 2025. Though the exact number of layoffs is not known, Reuters reports that at least one group, known as 'specialists', was affected. Specialists work with customers to help create new product ideas and sell existing services. The layoffs at Amazon come after similar action by global giants like Microsoft, Meta, and CrowdSrike recently. AWS sales rose 17% in the first quarter to $29.3 billion compared to a year earlier and operating income rose 23% to $11.5 billion. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : amazon view comments Location : New Delhi, India, India First Published: July 24, 2025, 12:50 IST News business Amazon Salary For Employees In 2025: How Much Does The Tech Giant Pay? Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
