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Amazon, Capex and AI spending

Digest more
 · 4h · on MSN
Amazon stock falls sharply on earnings. Capex is soaring.
Amazon reported adjusted earnings per share of $1.95 for its latest quarter, compared to Wall Street’s estimate of $1.97.

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 · 2h
Amazon earnings recap: Stock plunges as capex-spending plans blow away estimates
 · 3h · on MSN
Amazon plans its own big boost in AI spending. The stock is tumbling.

Layoffs in Jan. were most to start a year since 2009

Digest more
Top News
Overview
 · 8d · on MSN
Amazon slashes another 16,000 jobs
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm.

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 · 12h · on MSN
Layoffs in January were the most to start a year since 2009, as employers like Amazon and UPS slashed jobs
 · 13h · on MSN
Layoffs in January were the highest to start a year since 2009, Challenger says
 · 2h
Worst January for layoffs since 2009, report finds
Last month marked the worst January for job layoffs since 2009, according to a new report from ouplacement firm Challenger Gray and Christmas.

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 · 14h
Last month was the worst January for job cut announcements since 2009
 · 13h
U.S.-based employers ramp up job cuts in January: Challenger Report
8don MSN

Amazon to reduce workforce by 16,000, company says in email to staff

Amazon has been "working to strengthen our organization by reducing layers."
CNBC
3mon

Amazon laying off about 14,000 corporate workers as it invests more in AI

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 intelligence. The layoffs are expected to ultimately be the ...
Blockonomi
13d

Amazon (AMZN) Stock: Company to Cut 14,000 More Jobs Starting Next Week

Amazon cuts 14,000 more jobs next week totaling 30,000 layoffs. CEO blames bureaucracy. Analysts project 26% upside despite workforce reduction.
2don MSN

Amazon is ratcheting up fast delivery and raising the stakes for rivals like Walmart

Competition is heating up between Amazon and Walmart. Amazon said it set its new speed record of over 13 billion same- or next-day deliveries in 2025.
GeekWire
3mon

Amazon confirms 14,000 corporate job cuts, says push for ‘efficiency gains’ will continue into 2026

Amazon CEO Andy Jassy has been pushing to reduce bureaucracy across the company. (GeekWire Photo / Todd Bishop) Amazon confirmed Tuesday that it is cutting about 14,000 corporate jobs, citing a need to reduce bureaucracy and become more efficient in the ...
Fast Company
4mon

Amazon debuts new grocery brand with nearly everything under $5

Amazon is pushing deeper into the grocery aisle with the launch of Amazon Grocery, a food brand that keeps most prices under $5. The idea of buying much of anything for $5 seems like a distant memory for most shoppers these days, as President Trump’s ...
NPR
3mon

Amazon lays off thousands of corporate workers as it spends big on AI

Amazon is laying off thousands of corporate workers in an effort to slim down while it spends big on the AI race. In a note on Tuesday, Amazon human-resources executive Beth Galetti said the tech giant would cut about 14,000 corporate jobs, or about 4% of ...
Hosted on MSN
2mon

Amazon delivery company owners organize to seek higher pay

Amazon.com is facing a new labor challenge, this time from small-business owners who run the company’s package-delivery network. A group calling itself DSPs for Equitable and Fair Treatment, or Deft, went public on Black Friday, saying its goal is to ...
Fast Company
2mon

Amazon takes on AI’s biggest nightmare: Hallucinations

Up in the Cascade Mountains, 90 miles east of Seattle, a group of high-ranking Amazon engineers gather for a private off-site. They hail from the company’s North America Stores division, and they’re here at this Hyatt resort on a crisp September ...
1don MSN

Amazon names Amit Agarwal to lead seller services as Dharmesh Mehta becomes Andy Jassy’s new TA

Amazon named a new executive leader for its Selling Partner Services business, one of the most consequential parts of the company, and said the division's current chief will become CEO Andy Jassy's next technical advisor.

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