Amazon Confirms 14,000 Corporate Layoffs
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Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.
Amazon's business dealings are as complex as the global logistical chain, but which major conglomerate helps the company build its Fire TVs?
The NBA Tip-Off 2025 had nearly 37 million viewers in the United States tuning in across NBC/Peacock, ESPN and Amazon Prime. This marks a staggering 100% increase year-to-year and the most viewers for an opening week in 15 years.
Amazon stock is up 43% over the last five years, badly underperforming other Magnificent Seven stocks and the broader S&P 500.
Microsoft's Azure platform and other company services are experiencing an outage that started around 12:00 p.m. Eastern time on Thursday. The company reported that the outage was triggered by "an inadvertent configuration change" that impacted the Azure Front Door delivery network.
The layoffs of software engineers reflect a striking shift for an industry that has traditionally relied on coders to help build and maintain the backbone of digital platforms.
Here's what to know about the layoffs at Amazon, UPS, Target and other employers.
Aeternum amid layoffs in the division and even deeper job cuts across its parent company. The game debuted on PC in 2021 and it landed on PS5 and Xbox Series X/S just over a year ago. "After four years of steady content updates and a major new console release,