Update from Amazon CEO Andy Jassy on Generative AI
Written by Andy Jassy, CEO of Amazon, and published today (17 June): (The message below was ...
CHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION' MAERSK: GEMINI NETWORK FLEXIBILITYMAERSK: SPOT RATES DIRECTION MAERSK: 'MORE DIVERSIFIED PORTFOLIO IN LOGISTICS NEEDED' MMAERSK: CASH DEPLOYMENTMAERSK: SPOT RATES MAERSK: REBALANCING OF GLOBAL TRADE MAERSK: UNIT COST BENEFITS QUESTIONED MAERSK: UNIT COSTS MAERSK: GEMINI-RELATED SAVINGSMAERSK: QUESTION TIME
CHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION' MAERSK: GEMINI NETWORK FLEXIBILITYMAERSK: SPOT RATES DIRECTION MAERSK: 'MORE DIVERSIFIED PORTFOLIO IN LOGISTICS NEEDED' MMAERSK: CASH DEPLOYMENTMAERSK: SPOT RATES MAERSK: REBALANCING OF GLOBAL TRADE MAERSK: UNIT COST BENEFITS QUESTIONED MAERSK: UNIT COSTS MAERSK: GEMINI-RELATED SAVINGSMAERSK: QUESTION TIME
There’s a fascinating article in Wired on the “dysfunctional” UK department of Amazon Prime Air, which, say former employees, is engaged in “one gigantic oversell”. The department’s original promise, to mass-market e-commerce drone delivery, are said to be “years” from reality.
“Everything started collapsing inwards because [Amazon] piled too much on, they put people in charge who didn’t know anything about the project and they oversold … just so many promises that can’t be kept.”
From closing, then re-opening departments, and making more than a hundred employees redundant, while others tucked into beer in the morning, it would appear the operation has some work to do – unless, of course, it is “winding down” its UK drone delivery dream.
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