Amazon’s Second Massive Layoff in 4 Months Signals Permanent Shift in Tech Labor Strategy

Quick Read Amazon (AMZN) eliminated 30,000 corporate roles in 120 days. Leadership explicitly framed cuts as AI-driven automation. Amazon’s Q3 net income rose 36.4% to $21.19B even as capital expenditures reached $35.1B. Microsoft and Meta are also restructuring workforces while investing billions in AI infrastructure. Investors rethink ‘hands off’ investing and decide to start making real money Amazon (NASDAQ:AMZN) just announced 16,000 job cuts worldwide, the second massive layoff in four month ...