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$246.03
-7.76 (-3.06%)
At Close: Jun 05, 2026
Amazon to Cut 16,000 Corporate Jobs as AI Competition Intensifies
06:13am, Wednesday, 28'th Jan 2026
Amazon.com Inc. announced plans to terminate about 16,000 corporate employees, only a few months after announcing it was cutting 14,000 roles. The company will offer US-based employees 90 days to sear
Amazon Cuts 16,000 Jobs, Closes Go and Fresh Stores in Major Retail Pivot
06:11am, Wednesday, 28'th Jan 2026
Amazon ( NASDAQ:AMZN ) just announced it's shutting down both its Amazon Go convenience stores and Amazon Fresh grocery locations, marking a dramatic retreat from physical retail.
Amazon to cut 16,000 jobs globally
06:11am, Wednesday, 28'th Jan 2026
Amazon has told staff it plans to cut around 16,000 jobs globally as part of efforts to streamline operations and reduce bureaucracy across the business.
Amazon to Lay Off Around 16,000 Corporate Employees
06:05am, Wednesday, 28'th Jan 2026
The company's latest round of layoffs reflect the growing competition for dominance in artificial intelligence.
Amazon to Cut 16,000 Jobs in Its Largest-Ever Corporate Layoffs
06:04am, Wednesday, 28'th Jan 2026
Amazon said Wednesday it will cut 16,000 jobs, bringing its total layoffs to roughly 30,000.
Amazon confirms 16,000 more job cuts, bringing total layoffs to 30,000 since October
05:43am, Wednesday, 28'th Jan 2026
Amazon is laying off another 16,000 corporate employees globally, the company confirmed Wednesday morning, the second phase in a restructuring that now totals 30,000 positions — marking the largest
Amazon to Cut 16,000 Jobs in Latest Round of Layoffs
05:41am, Wednesday, 28'th Jan 2026
The e-commerce giant has been cutting costs in part to redirect money into building data centers to compete in the race to dominate artificial intelligence.
Amazon slashes 16,000 corporate roles in latest phase of a broader reset
05:35am, Wednesday, 28'th Jan 2026
Amazon announces new layoffs as part of a broader reset by the e-commerce and cloud giant. The company previously cut 14,000 jobs in October, citing cultural and efficiency shifts.
Amazon cuts 16,000 jobs globally in broader restructuring
05:31am, Wednesday, 28'th Jan 2026
Amazon said it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures to offset pandemic-era over-hiring and expands the adoption of
Amazon is ending its palm ID system for retail, Amazon One, as it closes physical stores
05:27am, Wednesday, 28'th Jan 2026
Amazon is winding down its Amazon One palm recognition service as the company retreats from physical retail experiments.
Should You Buy Amazon Stock Before Feb. 5?
03:15am, Wednesday, 28'th Jan 2026
It recently announced new AI tools that should be a draw for clients. It's opening its largest-ever physical store to compete with other retailers.
Amazon Agrees to Settle Class Action Lawsuit Alleging Incorrect Denials of Refunds
09:00pm, Tuesday, 27'th Jan 2026
Amazon has agreed to pay $309 million to settle a class action lawsuit in which the plaintiffs claimed they were incorrectly denied refunds for product returns, Reuters reported Monday (Jan. 26).
Amazon inadvertently sends email to employees confirming Wednesday layoffs
08:37pm, Tuesday, 27'th Jan 2026
Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" at the company. Amazon logo on brick office building facade with windows, San Francisco, California, Au
Amazon bungles Wednesday layoff plan with misfired internal email
08:23pm, Tuesday, 27'th Jan 2026
Amazon on Tuesday appeared to have mistakenly alerted many Amazon Web Services cloud computing employees about layoffs planned for Wednesday morning with a commiseration email and team-wide meeting in
Microsoft aims at Nvidia, Google, and Amazon with release of new AI chip.
07:17pm, Tuesday, 27'th Jan 2026
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