Amazon (AMZN) Stock: Why 30,000 Job Cuts Won’t Shake Wall Street’s Confidence

TLDR Amazon plans to cut roughly 14,000 corporate jobs starting next week, bringing total layoffs to approximately 30,000 employees The cuts affect AWS, retail, Prime Video, and HR departments, representing nearly 10% of Amazon’s 350,000 corporate workforce CEO Andy Jassy says the layoffs are driven by reducing bureaucracy and management layers…
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