The Latest Breaking News from Amazon

Dive into Amazon's massive corporate job cuts starting 28 Oct 2025, driven by AI automation and bureaucracy busting. Employee reactions rage on X amid AWS growth dips and market optimism

It’s not too soon to start thinking about entertaining on the big day, says Sam Wylie-Harris.

We've got you covered every step of the way with this festive houseplant — from growing to caring for, propagating, problem-solving, and beyond

Amazon plans to cut up to 30,000 corporate jobs by late October, targeting HR, operations and management roles amid a major restructuring effort.

Major U.S. indexes closed higher, with the Dow Jones Industrial Average rising 0.7% to 47,544.59, the SP 500 climbing 1.23% to 6,875.16, and the Nasdaq advancing nearly 1.9% to 23,637.45.

On Monday, Cathie Wood-led Ark Invest executed significant trades, including a notable purchase of shares in Amazon.com Inc. (NASDAQ:AMZN), Block Inc. (NYSE:XYZ), and Alibaba Group Holding Ltd. (NYSE:BABA). Ark sold shares of Shopify Inc. (NASDAQ:SHOP) and Palantir Inc. (NASDAQ:PLTR).

Retail giant, which is vying to reverse pandemic hiring spree, attempts to cut costs and slim down its operation

Amazon plans to cut 30,000 corporate jobs in its biggest restructuring yet, signalling a major shift towards automation and leaner operations.

Amazon will cut up to 30,000 positions from its corporate workforce, starting Tuesday, as part of efforts to streamline operations and address hiring that ballooned during pandemic-era demand spikes.