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Amazon’s CEO told employees to get with the AI program on Tuesday, echoing advice from career experts and other tech leaders about the need to skill up, fast.”As we go through this transformation together, be curious about AI, educate yourself, attend workshops and take trainings, use and experiment with AI whenever you can,” Andy Jassy wrote. “Participate in your team’s brainstorms to figure out how to invent for our customers more quickly and expansively, and how to get more done with scrappier teams.”When reached by Business Insider, an Amazon spokesperson declined to comment further on Jassy’s remarks.Business Insider asked career…
Dodge Ram display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBCDETROIT — Ram Trucks plans to introduce an industry-leading warranty across its 2026 vehicle lineup this year as part of an 18-month turnaround plan for the Stellantis-owned brand.The warranty covers the engine, transmission, transfer case, driveshafts, differentials and axles for 10 years or 100,000 miles, whichever comes first. It replaces Ram’s current five-year or 60,000-mile warranty, which is relatively standard for full-size pickup trucks across the automotive industry.The new warranty comes as vehicles — especially pickup trucks — have grown more…
The once-hypothetical cuts are coming, whether employees are ready or not.On Tuesday, Amazon’s CEO, Andy Jassy, confirmed the fears of many workers in the age of artificial intelligence: He said he expects the technology will lead to job cuts at the tech giant.In his memo, which was posted online, Jassy did not announce immediate layoffs. He said that, in the next few years, “efficiency gains” from AI would translate to a smaller corporate workforce.Marlo Lyons, a certified executive coach, told Business Insider that jobs will inevitably change — including outright disappearances. “So is your job at risk? Absolutely. If you…
Chinese jewelers are snapping up platinum as they seek to bounce back from a slump in gold jewelry sales, an industry group said.Surging gold prices, which hit a record high above $3,500 an ounce in April, have deterred even buyers from China, who have a cultural attachment to the yellow metal.In the first quarter of the year, gold jewelry sales in China tanked nearly 27% from a year ago to 134.5 tons, according to the China Gold Association.Meanwhile, gold bar and coin consumption surged nearly 30%, showing that investor demand for haven assets remains strong.”Jewelry fabricators and distributors are trying…
President Donald Trump’s tariffs may face their final fate at the Supreme Court soon.Two Illinois-based educational toy companies filed an emergency request Tuesday asking the Supreme Court to take up their case as soon as possible, rather than letting it continue to play out in lower courts since “it will inevitably fall to this Court to resolve it definitively.”Toy companies Learning Resources and hand2mind filed an initial suit on April 22, challenging Trump’s use of the International Emergency Economic Powers Act to impose tariffs without going through Congress.”For months, we’ve had dozens of people working full-time or part-time on addressing…
TikTok lives to fight another day.President Donald Trump is set to issue an executive order this week giving the company 90 more days before he enforces a law requiring its owner, ByteDance, to divest from its US app, a White House spokesperson confirmed to Business Insider. It’s the company’s third extension.TikTok missed its original January 19 deadline to separate from its Chinese owner, and briefly went dark in the US before coming back online after Trump’s assurances that he wouldn’t immediately enforce the law. The president issued an executive order giving the company until April 5 to find a new…
Amazon CEO Andy Jassy told employees Tuesday that AI will shrink the company’s corporate white-collar workforce over the next few years, citing “efficiency gains” as the driving force.Amazon employees weren’t having it.Across internal Slack channels, Amazon’s white-collar workers tore into Jassy’s message, taking aim at his leadership and unapologetic push for AI, according to messages seen by Business Insider.Business Insider viewed dozens of messages found across three different internal channels, which include thousands of employees in total.The criticism was widespread across the channels. Some called for a shift in the company’s mindset and warned of the risks of overrelying on…
Senate Republicans included a tax break estimated to be worth more than $1 billion for oil and gas producers in their version of President Donald Trump’s sprawling fiscal package. The provision would allow energy companies subject to a 15% corporate alternative minimum tax to deduct certain drilling costs when calculating their taxable income. Companies including ConocoPhillips, Ovintiv Inc. and Civitas Resources, Inc. lobbied in favor of it.The change, included in the legislation released Monday by Republicans on the Senate tax writing committee, is nearly identical to a bill by Republican Senator James Lankford. His home state of Oklahoma is among the…
School might be out for summer, but Jamie Dimon thinks there’s work to be done on America’s education system.When asked how companies can address the labor shortage at the Business Roundtable’s CEO Workforce Forum on Tuesday, the JPMorgan Chase CEO identified a different problem that can be at least partially solved in the classroom.”What you’re really short is the skills you need,” Dimon said.He said the business community needs cyber, coding, programming, financial management, and project management skills, among other things, and that investing in schools can help close the gap.”It’s getting out and going directly into the schools,” Dimon…
A group of tax organizations, including the National Association of Tax Professionals, the National Association of Enrolled Agents, the National Society of Accountants and the National Society of Tax Professionals, has written a letter to Treasury Secretary Scott Bessent urging him to preserve the core tax functions relied on by tax professionals despite cutbacks at the Internal Revenue Service.In the letter, the groups voiced their concern over reports that over 11,400 IRS employees have left since February, including over 7,000 probationary terminations and 4,000 resignations under the Deferred Resignation Program. These departures amount to approximately 11% of the agency’s workforce…