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.
Here's what to know about the layoffs at Amazon, UPS, Target and other employers.
The company didn’t say how many video-game jobs will be cut, but noted in a memo Tuesday that “significant role reductions” would fall on its offices in Irvine and San Diego, as well as its central publishing division.
Amazon stock is up 43% over the last five years, badly underperforming other Magnificent Seven stocks and the broader S&P 500.
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's business dealings are as complex as the global logistical chain, but which major conglomerate helps the company build its Fire TVs?
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.
Microsoft Azure's outages started to spike after 10:44 a.m. Wednesday while Amazon Web Services outages increased soon after, per Downdetector. There were many more Microsoft Azure outages reported, with 19,834 at 11:05 a.m., compared to 5,507 AWS reports at 11:36 a.m.