Panos Panay, chief product officer of Microsoft Corp., shows the brand new Surface Laptop 3 pc throughout a Microsoft product occasion in New York, U.S., on Wednesday, Oct. 2, 2019. Microsoft unveiled a dual-screen, foldable telephone that may run on Google’s Android working system, leaping again right into a promote it exited years in the past.
Mark Kauzlarich | Bloomberg | Getty Images
Former Microsoft product chief Panos Panay will be part of Amazon later this 12 months to supervise its units and companies unit, the corporate stated Wednesday.
Panay will substitute longtime Amazon units head Dave Limp, who introduced final month he’d step down from his function within the coming months after greater than 13 years on the firm. Panay will begin at Amazon on the finish of October, and Limp will keep on to help with the transition. Panay will report on to Amazon CEO Andy Jassy, and can be part of Jassy’s S-team, a tight-knit group of senior executives throughout many areas of the corporate’s companies.
“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 staff.
Limp wrote in a separate memo that he is “known Panos for years,” including that “he will be a great addition to this organization moving forward.”
Panay oversaw the corporate’s worthwhile Windows operating-system enterprise, in addition to the Surface line of units, most of which have been Windows PCs. Earlier this month, Microsoft stated Panay would depart the corporate after greater than 20 years.
Panay is becoming a member of Amazon at a precarious second for its units and companies division. As a part of Jassy’s wider effort to rein in prices, he has axed a number of of the corporate’s extra unproven bets, together with a video-calling gadget for youths and a roving sidewalk robotic. The unit was hit with layoffs as a part of the biggest job cuts in Amazon’s historical past, which resulted in additional than 27,000 staff being let go.
Morale has suffered throughout the {hardware} division amid the layoffs and a perceived lack of main product developments, Reuters reported, citing interviews with present and former staff.
—CNBC’s Jordan Novet contributed to this text.
WATCH: Amazon steps up AI arms race with $4 billion funding in Anthropic
Source: www.cnbc.com”