Jeff Bezos to step down as Amazon CEO, Andy Jassy to take over in Q3
Amazon CEO Jeff Bezos will step down later this year, turning the helm over to the company's top cloud executive Andy Jassy.
Jassy joined Amazon in 1997 and has led Amazon's Web Services cloud team since its inception.
Bezos said he will stay engaged in important Amazon projects but will also have more time to focus on the Bezos Earth Fund, his Blue Origin spaceship company, The Washington Post and the Amazon Day 1 Fund.
[...] Bezos will transition to executive chairman of Amazon's board.
Also at The Guardian and TechCrunch, Ars Technica, CNET, and Mashable
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Jeff Bezos to Stand Down as CEO of Amazon Later in 2021
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(Score: 0) by Ethanol-fueled on Tuesday February 02 2021, @11:14PM (3 children)
There's an editor war going on with Jassy's page. Early Life section now reads "Chosenite with Hungarian ancestry."
(Score: 3, Funny) by krishnoid on Tuesday February 02 2021, @11:22PM (1 child)
Also, I hear his first name is actually "Hugh".
(Score: 0) by Anonymous Coward on Tuesday February 02 2021, @11:26PM
One of them, eh.
(Score: 2) by ilsa on Wednesday February 03 2021, @12:07AM
Well I learned a new word.
I wonder if he has time-shares on the space laser.
(Score: 1, Insightful) by Anonymous Coward on Tuesday February 02 2021, @11:19PM (23 children)
Now Bezos can concentrate on union busting.
(Score: 1, Interesting) by Ethanol-fueled on Tuesday February 02 2021, @11:31PM (10 children)
That actually raises a good question: When we all heard about internal Amazon docs stating that "diverse" workforces are more likely to unionize, what kind of "diversity" did they mean? A diversity of Black majority or a diversity of Hispanic majority? Or an actual diversity of a little bit of everybody?
With the incoming CEO being Jewish, and Biden relaxing immigration rules, I think this will eventually lead to Amazon warehouses following the template of the typical Jew-run warehouse in America -- an All-Hispanic floor, almost all of whom don't know English, administered by Hispanic Jews from Mexico City who barely know Spanish. The linguistic and cultural barrier prevents efforts to better working conditions rather nicely, and discrimination (Hispanics and Jewish/Hispanics don't like or hire Blacks) is allowed in this manner since the floor workers aren't White. They might hire an expendable token White whipping boy to draw the floor's discontent away from their own leadership and working conditions every so often.
Black people and Asian people will be left high and dry by this system, although there will be some token Jewish pandering [emanuellevy.com] towards Blacks to minimize their own discontent toward the "White" people who are really at the top.
(Score: 1, Touché) by Anonymous Coward on Tuesday February 02 2021, @11:40PM (1 child)
'the "White" people who are really at the top.'
Not just any white, the CHOSEN whites(-ish).
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @02:42AM
As a non-white, ya'll look the same to me - chosen or not.
(Score: 2) by DannyB on Wednesday February 03 2021, @12:12AM
It is a secret conspiracy for the Jews to convince protestants to mutilate the genitals of their infant males. By keeping this a secret nobody will know that it is happening.
If a lazy person with no education can cross the border and take your job, we need to upgrade your job skills.
(Score: 1) by multistrand on Wednesday February 03 2021, @12:44AM (6 children)
Holy shit. What the fuck is your malfunction?
(Score: 1, Funny) by Anonymous Coward on Wednesday February 03 2021, @12:48AM
That fucker was born that way, self-hating cholo.
(Score: 2, Flamebait) by Azuma Hazuki on Wednesday February 03 2021, @01:23AM
His problem is he's been a "troll" for so long he believes his own trolling. He broke the first law of dealing drugs, viz., don't get high on your own supply. And since his stock in trade is basically memetic jenkem (look it up...), well...
I am "that girl" your mother warned you about...
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @02:31AM (3 children)
Always fun seeing new people realize what a crazy fuck EF is.
There are a few other rightwing nutjobs that try hard to sound more reasonable but are rather bathsit crazy.
The Mighty Buzzard
khallow
Runaway1956
VLM
crafoo
hemocyanin
Well, those are the more recent user who have pushed crazy nonsense and defended the capitol insurrection. There are more, and even though they are nuts sometimes they do have decent points. Few people are 100% nuts.
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @02:55AM (1 child)
Sounds like a ringing endorsement of them.
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @04:37AM
Yeah -- I'm on the list, but as antifa's own marketing says: "liberals get the bullet too."
I would not be surprised to see this threat go from rhetorical to real in the next five years. Hopefully I'm wrong but I don't see the authoritarian left giving up after a successful 2020 campaign of violence and terror, especially with all the corporate, educational, governmental, and media power at its back. What I think the foot soldiers don't get though, is that when they've destroyed our freedoms and leveled a good portion of the country and have ended the racist stain on history (in their view) that is America, that institutional power will still be there and it will then turn on them, except this time there will be no protections, not even a Bill of Rights to half-heartedlly follow. Everything will come down to who has power and who does not and the solution to that equation will be: who has the nukes?
(Score: 1) by khallow on Thursday February 04 2021, @03:56AM
Calling a protest/riot an "insurrection" indicates to me that we should look elsewhere for our yard/meterstick of what is "crazy nonsense".
(Score: 4, Funny) by DannyB on Tuesday February 02 2021, @11:35PM (11 children)
Maybe it would be much more gooder if Jeff Bezos focused on his blue Origin and tried to actually get something into orbit. Blue Origin has been around longer than SpaceX.
If a lazy person with no education can cross the border and take your job, we need to upgrade your job skills.
(Score: 2) by PartTimeZombie on Wednesday February 03 2021, @12:19AM (6 children)
It might not help. Richard Branson hasn't had a real job since the early 1990's and he founded Virgin Galactic in 2004.
They're yet to get anything into orbit at all, but I see it is listed on the sharemarket and is about $48 per share.
Some sort of tax dodge then I suppose.
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @12:33AM (3 children)
Not Virgin Galactic (sub-orbital joyrides), but Virgin Orbit (small-sat launcher rocket dropped from a 747) reached orbit on second LauncherOne mission [spacenews.com] a couple of weeks ago. Not that it really matters. SpaceX is going to eat all of their lunches anyway, especialy with SpaceX now set to launch all-civilian crew to space [go.com].
(Score: 3, Funny) by DannyB on Wednesday February 03 2021, @12:43AM (1 child)
Shirley you must mean launches not lunches.
If a lazy person with no education can cross the border and take your job, we need to upgrade your job skills.
(Score: 2, Funny) by Anonymous Coward on Wednesday February 03 2021, @02:38AM
Lunch is a meal you eat at noon, and don't call me Shirley.
(Score: 2) by PartTimeZombie on Wednesday February 03 2021, @01:15AM
Rocketlabs seem to be doing pretty well, but they're only launching small satellites, which I assume is a specific market and it looks like Branson wants to compete with them.
A quick search shows that Virgin Orbit is being pumped up as a new hot investment by lots of the business press so it's probably just a way for Branson to make some money quickly.
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @02:36AM (1 child)
At $48, I'd say SPCE is heavily overvalued. I'd really anticipate a big drop very soon. Who knows, it could go up, but I wouldn't be surprised if it drops off to practically nothing. And that's too bad, because if they go under it would really be just a tremendous loss.
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @02:49AM
Buy SPCE and GME! Send it to $500! HODL!
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @12:58AM (2 children)
Perhaps he'll concentrate on building up government contacts, by his Bezos Post being part of the Democrat cheerleading press.
Perhaps he'll be seen more publicly with Bill Gates and Anthony Fauci in the future.
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @02:45AM (1 child)
Hey, maybe its more than that. Maybe he's gearing up for some office position under the Biden administration. Chief Technology Of the USA sounds good?
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @03:03AM
Maybe he's going for a Trump - president in 2024, with democrat creds, masses of cash, and business creds.
Too bad it will be Pelosi's "turn" then, and he will have to run as a republican - like Trump.
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @01:54AM
Maybe he'll spend time on that. But we should monitor the larger active volcanos for signs of underground lairs being built.
(Score: 2) by looorg on Wednesday February 03 2021, @12:58AM (2 children)
So is he the new Gates? A life of luxury and philanthropy.
(Score: 2) by Mojibake Tengu on Wednesday February 03 2021, @01:25AM
Probably not another bio-terrorist philanthropy like Gates but rather quite new AI-terrorist philanthropy.
Luxury, sure.
Rust programming language offends both my Intelligence and my Spirit.
(Score: 2) by DECbot on Wednesday February 03 2021, @08:13PM
More like he is aware that under his explicit orders Amazon participated in anticompetitive, monopolistic practices and he wants to distance himself from those orders. Additionally I image he's trying to taking a raincheck for the upcoming anti-trust trial and wrist slapping that is to come.
cats~$ sudo chown -R us /home/base
(Score: 3, Funny) by ilsa on Wednesday February 03 2021, @01:44AM
6.40 trillion dollars oughta be enough for anybody.
(Score: 1, Funny) by Anonymous Coward on Wednesday February 03 2021, @03:11AM (2 children)
I never heard of it
TLDR basically business advice to treat every day like a startup so you don’t lose your edge
https://www.podean.com/amazon-explained-the-day-1-mentality/ [podean.com]
But his final advice is even better , must read material!
https://www.theonion.com/my-advice-to-anyone-starting-a-business-is-to-remember-1819585065 [theonion.com]
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @04:38AM (1 child)
"When
AlexanderBezos saw the breadth of his domain, he wept for there were no moreworldsbig-box stores to conquer."(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @08:36AM
After he's done sobbing crocodile tears like a little bitch, maybe he'll catch a fever and finally fuck off and die. We can then get angry and hate the next fucking asshole who will follow in his footsteps.
(Score: 4, Interesting) by The Mighty Buzzard on Wednesday February 03 2021, @04:27AM (3 children)
Brilliant founders stepping down from a company that's just too successful for even their own good pretty much always leads to a slide into mediocrity. And since having one overwhelmingly dominant player taking care of the majority of the online marketplace in the US is not a good thing, this is.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Wednesday February 03 2021, @07:17PM
Hey, we agree!
I figure if Bezos stayed at Amazon another 20 years, we would reach 2040 with Amazon acquiring Microsoft, Walmart, and a few other competitors and starting to lose profitability simply because they already own everything.
(Score: 2) by helel on Sunday February 07 2021, @02:34AM (1 child)
I think it's more likely that when corporate bureaucracy becomes too unwieldy the founders tend to step away. Why stick around fighting with HR and legal and shareholders and PR when you can just take your money and go do something else.
(Score: 2) by The Mighty Buzzard on Sunday February 07 2021, @03:37PM
Serves them right for giving up control to the point that idiots are even capable of ruining things.
My rights don't end where your fear begins.