Amazon layoffs: Amazon stock rises today as Amazon trims jobs again despite rising revenue — is AMZN a buy before earnings?

Amazon.com Inc. shares edged higher on Wednesday even as the company confirmed another major round of job cuts, underscoring investor confidence in Amazon’s long-term strategy despite mounting short-term pressures. The Seattle-based tech giant said it will eliminate 16,000 roles, primarily across its corporate workforce, marking the second mass layoff in four months and bringing total announced reductions since October to roughly 30,000 jobs. Amazon employs close to 1.5 million workers globally, including ...