Amazon.com workers are bracing for another round of massive job cuts, with the company reportedly expected to announce those cuts as soon as next week.
Amazon had around 350,000 corporate employees and CEO Andy Jassy has said he intends to permanently reduce those numbers.
Amazon reportedly plans to start laying off about 14,000 corporate workers as soon as Tuesday (Jan. 27). These cuts will be part of the second round of a broader plan to eliminate 30,000 corporate jobs, and they will follow the first round that involved 14,000 layoffs in October, Reuters reported Thursday (Jan.
Amazon plans to lay off thousands of corporate employees in coming days. This second major round of Amazon layoffs since October would bring the total to about 30,000 jobs.
E-commerce giant aims to build 230,000-square-foot property combining retail space with fulfillment operations in Orland Park, Illinois.
Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according to two people familiar with the matter.
Amazon plans to open its largest retail store in Chicago suburbs. The massive Orland Park location will combine shopping with fulfillment operations.
Amazon.com (AMZN) has encountered challenges in the past. Its stock has experienced declines exceeding 30% within a period of under two months on three separate occasions in recent years, resulting in the loss of billions in market capitalization, and erasing significant gains in a single correction.
Amazon has launched an artificial intelligence (AI) assistant for its One Medical app. The agentic AI tool, announced Wednesday (Jan. 21), is designed to help with things like answering health questions, scheduling appointments and managing medications.
Jeff Bezos-backed Blue Origin is launching a satellite internet network for enterprise, data center and government customers, called TeraWave. The company aims to begin deploying the first of 5,408 satellites in the fourth quarter of 2027.
Amazon.com, Inc.'s underwhelming stock performance in recent years could change course in 2026. Question regarding long-term AMZN profitability and return on capital of AI investments remain, but this is less likely to be the main topic in 2026. There are two main caveats when it comes to AMZN being a Buy, and investors should plan their purchases of the stock accordingly.
Amazon leans on emerging markets for growth as international revenues rise, profitability improves and logistics scale across India and Latin America.