Amazon aims to adapt to tech changes and competitive pressures, especially with AI.
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During an internal all-hands meeting on Tuesday, Jassy explained why the company recently announced a plan to reduce the number of managers.
Only a few companies survive for 50 or 100 years in the tech industry because "the world changes, technology changes, competitors change, companies change," he said.
"We have a chance to build the most remarkable company in the history of business," Jassy said.
Persons:
—, Andy Jassy, Jassy, Peter DeSantis, DeSantis, I'm, it's, there's
Organizations:
Service, Business, Amazon
Locations:
AWS's