Amazon.com Inc. (NASDAQ:AMZN) is reportedly set to begin its next wave of mass layoffs affecting its white-collar corporate workers in its effort to streamline its bureaucracy and drive efficiencies.Amazon To Begin Next Round of LayoffsThe Seattle-based company plans to begin issuing pink slips starting Tuesday, according to a Reuters report, citing two people familiar with the matter. This is part of Amazon's broader effort to cut roughly 30,000 corporate roles after operations and hiring expanded rapidly ...

Core Insights - Amazon plans to lay off approximately 14,000 corporate workers starting January 27, as part of a broader strategy to eliminate a total of 30,000 corporate jobs [1][2] - This layoff round follows an earlier reduction of 14,000 jobs in October 2022, indicating a significant restructuring effort within the company [2][3] - The layoffs will affect four specific business units: Amazon Web Services, retail, Prime Video, and the People Experience and Technology division [2] Employment Impact - The planned cuts represent about 10% of Amazon's corporate workforce, which totals 1.58 million employees, highlighting the scale of the restructuring [3] - This move follows Amazon's previous elimination of 27,000 jobs in 2022, indicating a trend of workforce reduction aimed at streamlining operations [3] Management Strategy - CEO Andy Jassy has emphasized the need to reduce bureaucracy and the number of managers to enhance operational efficiency, aiming for a structure that operates like a "world's largest startup" [4] - The intention behind these layoffs is to empower employees, improve decision-making, and ultimately enhance customer experience [4] Financial Reporting - Amazon is scheduled to report its fourth quarter 2025 financial results on February 5, which may provide further insights into the company's performance and the impact of these layoffs [5]

Core Viewpoint - Amazon is planning to eliminate thousands of corporate jobs, with cuts expected to begin soon, marking the second wave of mass layoffs since October, totaling nearly 30,000 job cuts [1][2] Group 1: Layoff Details - The upcoming layoffs are expected to be similar in scale to the previous cuts, which involved approximately 14,000 jobs [1] - Total job cuts since October will reach almost 30,000 if the current round proceeds as planned [1] Group 2: Company Strategy - The layoffs reflect Amazon's ongoing efforts to streamline operations and reset its corporate culture [2] - Initially, the October job cuts were attributed to changes driven by AI, but CEO Andy Jassy later clarified that the layoffs were related to cultural fit rather than cost savings or AI [2] Group 3: Workforce Composition - Amazon employs over 1.5 million people globally, with the corporate workforce comprising about 350,000, which is a relatively small share of the total [2]

Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according to two people familiar with the matter.The company in October cut some 14,000 white-collar jobs, about half of the 30,000 target first reported by Reuters. The total this time is expected to be roughly the same as last year and could begin as soon as Tuesday, the people said, who asked not to be identified because they were not authorized to discuss Amazon’s plans.An Amazo ...

Amazon laid off about 14,000 workers globally in October. ...

E-commerce giant Amazon is trying to gain an edge over its big-box rivals, with plans to open its largest-ever retail store on a 35-acre plot sitting in the Chicago suburbs.The company is aiming to build a sprawling 230,000-square-foot property in Orland Park, which could open as soon as next year following proper approvals.Half of the store would sell a combination of groceries, general merchandise and prepared food, while the other half would be used for fulfillment of online and in-store orders.The store ...

Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according to two people familiar with the matter. ...

Global investors are feeling pretty good about stocks, maybe a little too good. Bank of America's latest Fund Manager Survey shows the most bullish positioning since 2021 – with surging optimism, low cash levels, and hedging like it is Donald Trump's first term.The survey, conducted between January 9 and January 15, included 196 participants managing a combined $575 billion in assets. Notably, it happened before fresh geopolitical tensions flared over Greenland and renewed tariff threats.Numbers showed that ...

E-commerce giant Amazon is trying to gain an edge over its big-box rivals, with plans to open its largest-ever retail store on a 35-acre plot sitting in the Chicago suburbs.  The company is aiming to build a sprawling 230,000-square-foot property in Orland Park, which could open as soon as next year following proper approvals.Half of the store would sell a combination of groceries, general merchandise and prepared food, while the other half would be used for fulfillment of online and in-store orders. COSTCO ...

Core Viewpoint - Amazon's stock price has experienced a decline from a peak of $258 in November to the current price of $230, indicating potential further downside risk ahead [1] Price Movement - The stock price has decreased by approximately 10.86% from its November high of $258 to the current $230 [1] Chart Pattern - A risky chart pattern has formed, suggesting that there may be more downside potential for Amazon's stock in the near future [1]