Amazon hardware chief Dave Limp is stepping down this year

Amazon hardware chief Dave Limp is stepping down this year


David Limp, senior vice president of devices and companies at Amazon.com Inc., offers the Amazon Echo Dot sensible speaker all through an unveiling party at the company’s Spheres headquarters in Seattle, Washington, U.S., on Thursday, Sept. 20, 2018.

Andrew Burton | Bloomberg | Getty Photographs

Amazon’s senior vice president of devices and solutions, David Limp, is preparing to action down from his job after a lot more than 13 several years at the enterprise, an Amazon spokesperson confirmed to CNBC Monday.

Limp is dependable for overseeing the progress of the company’s client electronic equipment like Kindle, Fire Television and Echo, as effectively as the Alexa voice assistant. Limp started doing the job for Amazon in March 2010.

Limp on a regular basis appeared at Amazon components situations, which are typically held just about every drop but often take place more than the moment a calendar year, to announce new merchandise. He is the hottest in a string of Amazon executives that have departed due to the fact Jassy took about as CEO about two many years back.

Amazon said Limp would stay in his job for the subsequent several months, and the enterprise will announce his successor in the coming weeks. Amazon is established to unveil new products at its once-a-year function Sept. 20, hosted at the company’s Northern Virginia headquarters, recognized as HQ2.

The news was initially documented by The Wall Road Journal.

In November of previous yr, Limp’s division was impacted by Amazon’s selection to lay off somewhere around 10,000 personnel. Jassy has been in charge-slicing manner to preserve dollars as the business confronts slowing product sales and a gloomy world wide overall economy.

In a memo to personnel at the time, Limp wrote that the company was consolidating some groups and packages in its equipment and products and services device just after “a deep established of testimonials” of the small business.

“One particular of the repercussions of these conclusions is that some roles will no more time be needed,” Limp explained. “It pains me to have to supply this news as we know we will shed proficient Amazonians from the Gadgets & Services org as a final result.”

In January, Limp stated Amazon continues to be “fully dedicated” to the Alexa device inspite of the career cuts in the division.

Shares of Amazon were largely unchanged in extended trading Monday.

–CNBC’s Annie Palmer contributed to this report



Source

Cramer says look to these 4 stocks to go with your high-flying tech names
Technology

Cramer says look to these 4 stocks to go with your high-flying tech names

CNBC’s Jim Cramer said Thursday investors should look beyond the market’s hottest trades and start hunting for opportunities in areas that have already been beaten down. “I want to praise the other parts of the market … that have been marked down already, which makes them less vulnerable,” the “Mad Money” host said. With the […]

Read More
Intel’s stock soars 16% as results top estimates, with chipmaker showing signs of growth
Technology

Intel’s stock soars 16% as results top estimates, with chipmaker showing signs of growth

Intel CEO Lip-Bu Tan holds a wafer of CPU tiles for the Intel Core Ultra series 3, code-named Panther Lake, outside the Intel Ocotillo campus in Chandler, Arizona. Courtesy: Intel Intel reported first-quarter earnings Thursday that blew past Wall Street’s expectations, as the struggling chipmaker shows signs of a revival. Shares of the U.S. chipmaker […]

Read More
Meta will cut 10% of workforce as company pushes deeper into AI
Technology

Meta will cut 10% of workforce as company pushes deeper into AI

Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images Meta plans to lay off 10% of its workforce, equaling about 8,000 jobs, as it continues […]

Read More