Amazon is beginning a round of layoffs that are expected to amount to the company's largest corporate cuts in its history. Qualcomm will release artificial intelligence accelerator chips in a bid to c
S&P 500 holds near highs as traders eye Fed rate cut hints and Big Tech earnings. Amazon and PayPal lead pre-market stock market action today.
The world's largest retailer has announced massive job cuts before the holidays.
Amazon (AMZN) plans to cut 30,000 corporate jobs, about 10% of its professional workforce, to reduce expenses after pandemic overhiring. Meta, Snap, and TikTok (BDNCE) will comply with Australia's und
Qualcomm enters AI computing race, Texas emerges as banking M&A epicenter, suspension of food assistance during shutdown to hit economy, and more news to start your day.
Amazon is laying off 14,000 corporate employees. The company said it's cutting roles to help make the company leaner and less bureaucratic, while it looks to invest in generative artificial intelligen
As many as 14,000 corporate jobs are to go at tech giant Amazon, the company announced.
Amazon.com on Tuesday announced job cuts of 14,000, as the megacap tech company said it needs to better prepare for the impact of artificial intelligence.
Amazon confirmed Tuesday morning that it is cutting approximately 14,000 corporate jobs, citing a need to reduce bureaucracy and become
U.S. Senator Bernie Sanders on Tuesday called on Amazon.com founder Jeff Bezos to account for what the Vermont independent said were hundreds of thousands of potential lost jobs due to automation.
Amazon is reportedly set to eliminate a significant portion of its workforce. CEO Andy Jassy is on the hunt for AI-driven profits.
The e-commerce and web services company reports earnings later this week.

Amazon to cut 14,000 corporate jobs

05:32am, Tuesday, 28'th Oct 2025
Amazon plans to cut 14,000 corporate jobs, the company announced Tuesday. The company said the cuts are to help it operate "like the world's largest startup.

Amazon to lay off about 14,000 roles

05:30am, Tuesday, 28'th Oct 2025
Amazon said on Tuesday it will reduce its corporate workforce by about 14,000 roles.
AI cloud computing sales could reach $2 trillion by 2030. Advertising is a growing opportunity, and Amazon is the third-largest digital ad company.
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