Amazon CEO Now Says AI Is Not Responsible for Recent Layoffs

Amazon just posted its third-quarter earnings and it turns out it was a phenomenal quarter for the e-commerce giant, despite recent layoffs.

The company giant raked in $180.2 billion in sales in the three months ending Sept. 30, up 13% from the same period last year. Its cloud business, AWS, reported its largest year-over-year growth since 2022, climbing 20% to $33 billion. The company’s stock even popped 13% in after-hours trading following the report.

So why, with the company performing so…