Amazon Cuts 16,000 Jobs in Latest Round of Layoffs
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Amazon closing Fresh and Go stores
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On Feb. 5, Amazon is scheduled to release its operating results for the fourth quarter of 2025, which will give investors a fresh update on how AI is impacting the company's booming cloud computing and e-commerce businesses.
SAN FRANCISCO, Jan 27 (Reuters) - Amazon (AMZN.O) on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email and team-wide meeting invitation hours early.
Amazon said it is discontinuing Amazon One, its palm-authentication service, across all retail businesses.
Amazon.com Inc. is cutting 16,000 corporate jobs in an effort to remove layers of bureaucracy and “increase ownership,” becoming the latest company to target managers for layoffs in recent years.