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.
The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
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.
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 2025 Echo Studio is a more attractive, fully capable smart speaker that sounds even a bit better than the original Studio. With a more powerful processor for Alexa Plus, the ability to link up with your Fire TV system, and a lower price than the HomePod, the Echo Studio is a great successor for an Amazon household.
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.
Business Insider's reporters walk through the big layoffs at Amazon, why the cuts came, and who could be next.