Amazon Stock Rises As 14,000 Layoffs Announced, Warning Of More To Come

The layoffs are focused in Amazon's corporate workforce of roughly 350,000. Amazon employs nearly 1.5 million people total on a full- and part-time basis. Amazon has conducted layoffs in smaller numbers for the past two years. But its last major round of layoffs came in late 2022 and early 2023, when the company cut about 27,000 jobs. AI Cited In Amazon Layoffs BREAKING: Futures Waver After Trump, Xi Meet Amazon (AMZN) said Tuesday it was laying off 14,000 employees and suggested there will be more cuts to ...