HomeAbout

TL;DR CNBC


Amazon still 'fully committed' to Alexa despite job cuts, hardware chief says - TL;DR CNBC

Amazon still 'fully committed' to Alexa despite job cuts, hardware chief says

Publishing timestamp: 2023-01-06 18:39:51


Summary

Amazon's hardware chief Dave Limp said the company remains committed to its Alexa voice assistant and other projects, despite the recent layoffs. Amazon is still investing in Alexa and Echo, and is selling the devices at or near cost in order to bring customers into the Amazon ecosystem. Prices of some commodities used in Amazon devices may increase, but the company's hardware business model remains the same.


Sentiment: NEUTRAL

Tickers: AMZN

Keywords: internetamazon.com incbusiness newstechnologyjobs

Source: https://www.cnbc.com/2023/01/06/amazon-fully-committed-to-alexa-despite-layoffs-hardware-chief-says.html


Developed by Leo Phan