Amazon said Tuesday (Jan. 28) that it is cutting roughly 16,000 jobs across its global workforce, marking one of the largest headcount reductions in the company's history.
Amazon.com Inc (NASDAQ:AMZN) said on Wednesday it will cut approximately 16,000 jobs across the company, marking the second major round of layoffs in three months. The reductions follow 14,000 cuts in
Once upon a time, Amazon tried to build a physical-store kingdom: cashierless convenience in Amazon Go, grocery at Amazon Fresh, Amazon kiosks in malls for small electronics, Amazon 4-star for I-never
Nasdaq 100 momentum has turned decisively bullish: The index broke above its 7-week range at 25,830 and has started to outperform other major US indices on a week-to-date basis, signalling a catch-up
Amazon (NASDAQ: AMZN) received a couple of positive price target revisions from major Wall Street companies on Wednesday, January 28.

Amazon Confirms Major New Round of Cuts

10:03am, Wednesday, 28'th Jan 2026
Amazon (AMZN) confirmed Wednesday that it is laying off another 16,000 corporate employees globally, bringing the total number of job cuts since October to 30,0
Live Updates Next-Gen AI 6 minutes ago Live AI startup Concourse has raised a whopping $12 million in Series A round, led by Standard Capital with backing from Andreessen Horowitz, CRV and Y Combinato

SoftBank Weighs $30 Billion Investment in OpenAI

09:44am, Wednesday, 28'th Jan 2026
After SoftBank's big AI push late last year, it may be back for more. The group is in active discussions to invest up to $30 billion more in OpenAI, according t
It's not just the Fed investors need to watch Wednesday afternoon. Kevin Hincks points to Mag 7 earnings from Microsoft (MSFT), Meta Platforms (META), and Tesla (TSLA) as key indicators for the direct

5 Things to Know Before the Stock Market Opens

09:21am, Wednesday, 28'th Jan 2026
Stock futures are higher Wednesday morning as investors await the latest decision from the Federal Reserve on interest rates and earnings reports from several tech giants; the Fed is widely expected t

Amazon says it is laying off 16,000 employees

09:17am, Wednesday, 28'th Jan 2026
Amazon said today that it is cutting 16,000 jobs across the company. This reduction comes after the e-commerce company laid off 14,000 people in October.
Amazon.com Inc (NASDAQ: AMZN) is shutting down the lab and funding the battlefield. After years of experimenting with Amazon Fresh and Amazon Go, CEO Andy Jassy is pulling the plug on the underperform
Stock futures are mixed this morning, brushing off President Donald Trump's tariff rhetoric ahead of Big Tech earnings
Amazon (NASDAQ:AMZN) stock moved in pre-market trading Wednesday morning after the company announced it will cut 16,000 jobs globally.

Why Amazon is killing Amazon Go and Amazon Fresh

08:41am, Wednesday, 28'th Jan 2026
Amazon will double down on the Whole Foods brand, killing two of its own physical retail experiments in the process.
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