Babak Parviz, head of Amazon's moonshot lab who previously created Google Glass, steps down as Amazon's healthcare business struggles
Amazon has been scaling back several parts of its business, following a two-year pandemic-driven overexpansion effort that left the company with excess labor and warehouse space. The Grand Challenge team, meanwhile, has been tasked with working on the most ambitious, long-term projects that may not always show immediate financial viability. Almost all of its projects have so far failed to gain much traction.
Parviz's departure adds to the growing list of high-profile executive turnover at Amazon. Amazon lost over 50 VP-or-higher-level executives in 2021, and it's on a similar pace this year, according to a tally of departures Insider maintains.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
The Latest Beauty Executive Moves at Skinfix, Naturopathica, Beekman 1802 and MoreBrand founder Barbara Close has stepped down as chief executive officer at Naturopathica, and The Beauty Health Co. has made two new recruitments in a bid to expand its global presence.
Les mer »
Amazon tractor-trailer crashes down embankment off I-78 in Lehigh Valley, leaks fuelThe Amazon truck rolled down an embankment and began to leak fuel, authorities say.
Les mer »
Australian Federal Police Set Up Crypto UnitAustralian authorities have stepped up their efforts to crack down on cryptocurrency-related criminal activities
Les mer »
Boris Johnson offers resignation to Queen, Liz Truss becomes Britain's new prime ministerJohnson formally stepped down shortly when he meets Elizabeth at Balmoral, her summer retreat in Aberdeenshire.
Les mer »
Another Green Disaster: Amazon Took Solar Rooftops Offline Following Major Fires, Electrical ExplosionsA new report from CNBC reveals that Amazon powered down all of its solar rooftops in the U.S. last year following a series of major fires at facilities throughout the country.
Les mer »