What time is Amazon's earnings call? Here's how to tune in.

Core Viewpoint - Amazon is set to release its quarterly financial results on October 30, following the announcement of layoffs affecting 14,000 employees as part of its AI scaling efforts [1][2]. Group 1: Layoffs and Workforce - The layoffs will impact various teams, including logistics, payments, video games, and cloud computing, marking the second round of layoffs this year [2]. - Amazon currently employs approximately 1.55 million people globally, with the 14,000 layoffs representing about 4% of its corporate workforce of 350,000 [3]. Group 2: Financial Expectations - Wall Street analysts anticipate earnings per share (EPS) of $1.58 and revenue of $177.8 billion for the upcoming quarter, compared to last year's EPS of $1.43 and revenue of $158.9 billion [6]. - Amazon Web Services (AWS) is projected to generate $32.4 billion in revenue, reflecting an 18% increase from $27.5 billion reported in the same quarter last year [6]. - Online sales are expected to reach $67 billion, while advertising revenue is anticipated to be $17.3 billion [7]. Group 3: Recent Performance and Concerns - In the previous quarter, Amazon missed Wall Street expectations due to weaker-than-expected operating income and slow cloud sales growth [8]. - The company had projected an operating profit of $15.5 billion to $20.5 billion for the third quarter, with sales expected between $174 billion and $179.5 billion [8]. - Investor concerns regarding AWS have been heightened following a significant outage on October 20, which affected major clients [3][4].