Amidst the layoffs at Amazon, the company's ultra-secretive research lab is at risk of being shut. It's a sign things are changing 'dramatically' at the company.
to"double down on frugality" and that the company would be"more streamlined" in how it expands.
In a statement to Insider, Amazon's spokesperson said the company regularly makes adjustments to its business based on the progress of each service. In a fireside chat in March, Parviz seemed to allude to the concerns over Grand Challenge's economic viability. Some employees suspect Jassy had no choice but to downsize Grand Challenge, as he is under a lot of pressure amid the economic turmoil. While still widely respected, Jassy doesn't command the same level of respect as Bezos, who's earned the trust of company leaders and investors through decades of success at Amazon.
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