Amazon.com, Inc. (AMZN)
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Amazon is cutting 16,000 corporate jobs, marking its second major layoff round in three months, bringing total cuts to about 30,000. This move reflects a shift towards AI-driven operations and aims to streamline the company after pandemic-era over-hiring. The layoffs highlight how tech giants are recalibrating their workforce in response to evolving market demands.
Latest News
| Title | Published |
|---|---|
Should You Buy Amazon Stock Before Feb. 5? The tech giant will soon provide shareholders with its Q4 2025 financial results. | about 2 hours ago |
Amazon Reveals Layoff Plans By Mistake In Email To AWS Employees: Report Amazon.com Inc. (NASDAQ:AMZN) inadvertently sent an email to its cloud division employees, indicating impending layoffs. This revelation comes amidst ongoing efforts by the tech giant to streamline its operations. Organizational Changes At Amazon Amazon mistakenly sent an email to its cloud staff on Tuesday, acknowledging upcoming “organizational changes,” as reported by CNBC. The tech giant is anticipated to announce significant layoffs across its corporate divisions this week. The email, viewe | about 3 hours ago |
Nvidia, Microsoft, Amazon in talks to invest up to $60 billion in OpenAI, The Information reports Nvidia, Amazon, and Microsoft are in talks to invest up to $60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI's AI models, is in talks to invest up to $30 billion, The Information said, citing a person with knowledge of the situation. Microsoft, a longstanding backer, is in talks to invest less than $10 billion, the report said. | about 4 hours ago |
How To Earn $500 A Month From Microsoft Stock Ahead Of Q2 Earnings Microsoft Corporation (NASDAQ:MSFT) will release earnings for the second quarter after the closing bell on Wednesday, Jan. 28. Analysts expect the company to report earnings of $3.97 per share. That's up from $3.23 per share in the year-ago period. The consensus estimate for Microsoft's quarterly revenue is $80.27 billion (it reported $69.63 billion last year), according to Benzinga Pro. Bank of America Securities analyst Brad Sills maintains a Buy and lowered the price target from $640 to $520. | about 5 hours ago |
The Ultimate Growth Stock to Buy With $1,000 Right Now Buying and holding businesses with solid revenue and earnings gains can be a winning strategy. | about 5 hours ago |
U.S. Companies Are Still Slashing Jobs to Reverse Pandemic Hiring Boom Many corporations binged on labor during the pandemic. Now, facing economic uncertainty and AI threats, they are slimming down. | about 5 hours ago |
The Canceled Hollywood Director Spinning the Melania Movie Into His Comeback How a former Hollywood player, ’Rush Hour’ director Brett Ratner, found himself in the epicenter of global power. | about 5 hours ago |
Should You Buy Amazon Stock Before Feb. 5?
The tech giant will soon provide shareholders with its Q4 2025 financial results.
Amazon Reveals Layoff Plans By Mistake In Email To AWS Employees: Report
Amazon.com Inc. (NASDAQ:AMZN) inadvertently sent an email to its cloud division employees, indicating impending layoffs. This revelation comes amidst ongoing efforts by the tech giant to streamline its operations. Organizational Changes At Amazon Amazon mistakenly sent an email to its cloud staff on Tuesday, acknowledging upcoming “organizational changes,” as reported by CNBC. The tech giant is anticipated to announce significant layoffs across its corporate divisions this week. The email, viewe
Nvidia, Microsoft, Amazon in talks to invest up to $60 billion in OpenAI, The Information reports
Nvidia, Amazon, and Microsoft are in talks to invest up to $60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI's AI models, is in talks to invest up to $30 billion, The Information said, citing a person with knowledge of the situation. Microsoft, a longstanding backer, is in talks to invest less than $10 billion, the report said.
How To Earn $500 A Month From Microsoft Stock Ahead Of Q2 Earnings
Microsoft Corporation (NASDAQ:MSFT) will release earnings for the second quarter after the closing bell on Wednesday, Jan. 28. Analysts expect the company to report earnings of $3.97 per share. That's up from $3.23 per share in the year-ago period. The consensus estimate for Microsoft's quarterly revenue is $80.27 billion (it reported $69.63 billion last year), according to Benzinga Pro. Bank of America Securities analyst Brad Sills maintains a Buy and lowered the price target from $640 to $520.
The Ultimate Growth Stock to Buy With $1,000 Right Now
Buying and holding businesses with solid revenue and earnings gains can be a winning strategy.
U.S. Companies Are Still Slashing Jobs to Reverse Pandemic Hiring Boom
Many corporations binged on labor during the pandemic. Now, facing economic uncertainty and AI threats, they are slimming down.
The Canceled Hollywood Director Spinning the Melania Movie Into His Comeback
How a former Hollywood player, ’Rush Hour’ director Brett Ratner, found himself in the epicenter of global power.