Panay is joining Amazon at a precarious moment for its devices and services unit, which was hit with layoffs as part of the largest job cuts in company history.
he'd step down from his role in the coming months after more than 13 years at the company. Panay will start at Amazon at the end of October, and Limp will stay on to assist with the transition. Panay will report directly to Amazon CEO Andy Jassy, and will join Jassy's S-team, a tight-knit group of senior executives across many areas of the company's businesses.
"As a strong product builder and inventor who has deep experience in both hardware and integrated services, Panos will be a great addition to our D&S organization moving forward," Jassy wrote in a memo to employees.Sign up for NBC LA newsletters. Limp wrote in a separate memo that he's"known Panos for years," adding that"he will be a great addition to this organization moving forward."
Panay oversaw the company's profitable Windows operating-system business, as well as the Surface line of devices, most of which were Windows PCs. Earlier this month, MicrosoftPanay is joining Amazon at a precarious moment for its devices and services division. As part of Jassy's wider effort to rein in costs, he has axed several of the company's more unproven bets, including
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Panos Panay is leaving Microsoft for AmazonFrom Surface and Windows to Echo and Alexa.
Read more »
Amazon and 2 Other Cloud Stocks Are Still Seen as the Best AI Plays. Here’s Why.The firm reiterated Outperform ratings on Amazon, Microsoft, and Alphabet, citing its latest annual survey results.
Read more »
Former Microsoft product chief joins Amazon as head of devices business By ReutersFormer Microsoft product chief joins Amazon as head of devices business
Read more »
Here are Wednesday's biggest analyst calls: Tesla, Apple, Microsoft, Mattel, Amazon, Costco & moreHere are Wednesday's biggest calls on Wall Street.
Read more »
The FTC accuses Amazon of 'monopolistic practices' in long-expected antitrust suitAmazon filed a long-awaited antitrust lawsuit against Amazon today.
Read more »
Can Amazon's $4Billion AI Bet Be the Next Growth Catalyst for the Tech Behemoth?Stocks Analysis by Investing.com (Günay Caymaz) covering: Amazon.com Inc, Amazon.Com, Amazon.com Inc BDR, BNP PARIBAS ARBITRAGE ISSUANCE BV Put 1784.62 USD AMAZON 31Dec99. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Read more »