Amazon(US:AMZN) 3 6 Ke·2025-11-13 00:55Core Points - Amazon has conducted its largest layoff since late 2022, terminating 14,000 employees globally across various departments including e-commerce, advertising, and cloud services [1][6][4] - Following the layoffs, Amazon's market value increased by approximately $400 billion, reaching $2.66 trillion, as investors interpreted the layoffs as a cost-cutting measure [2][4] - The layoffs have created a tense atmosphere within the company, with employees experiencing increased workloads and anxiety about job security [2][5][10] Company Layoff Details - Amazon announced the layoff of 14,000 employees on October 28, 2025, due to company streamlining and cultural issues [3][6] - The layoffs affected various departments including e-commerce, content and entertainment, advertising, and AWS [6][3] - In Washington state alone, 2,303 employees were laid off, with significant cuts in technical roles [6] Industry Context - The tech industry is experiencing a wave of layoffs, with over 90,000 employees affected across major companies like Microsoft, Google, and Meta in the past year [4][14] - Reasons for layoffs include the integration of AI, slowing consumer demand, and broader cost-cutting measures [4][14] - The trend reflects a shift in the tech industry towards prioritizing AI infrastructure over human capital [20][22] Financial Performance - Amazon's AWS cloud services reported a revenue growth of 20.2% in Q3, reaching $33 billion, indicating strong demand for AI and core infrastructure [1][20] - The company is expected to increase its capital expenditure significantly, with projections of $125 billion in 2025, focusing on AI capabilities [20][21] Employee Impact - Employees who survived the layoffs are facing increased workloads, with some reporting a doubling of their responsibilities [10][12] - The layoffs have led to a culture of anxiety and uncertainty among remaining employees, with many updating their resumes and preparing for potential job searches [10][12][22] - The competitive job market is further complicated for international employees due to visa concerns following layoffs [7][10]