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Andy Jassy is a very different CEO than his predecessor in a lot of ways. Obviously, Jeff Bezos was a unique personality in the world of tech CEOs, which makes him a difficult act to follow. Jassy has made his imprint on Amazon in ways that reflect his own unique perspective and leadership style.
A lot of the changes he has made have been tough decisions on issues that had built up over time. For example, Jassy has made cuts to streamline the company after years of spending on experiments that don't return value to the organization. He also implemented layoffs for more than 27,000 employees.
Those changes have made a big difference in the company, but one of the biggest changes is actually something that you might have missed if you don't pay attention to things like quarterly earnings reports. It turns out, however, that it's a pretty big deal. Before being appointed by Jeff Bezos and the Amazon board during the fourth quarter of 2020, Jassy served as the SVP and later as the CEO of Amazon Web Services from 2003.
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