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Amazon to Lay Off 14,000 Amid AI Shift

10/31/2025

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Summary

Story summary

Amazon.com, Inc. plans to lay off 14,000 corporate workers, about 4% of its staff, as it shifts to AI and robotics, affecting logistics, payments, and cloud computing teams.
Amazon.com, Inc. will report earnings on October 30, with $1.58 per share and $177.8 billion in revenue.
Apple Inc. will report its fourth-quarter earnings on October 30, with $1.77 per share and $102.1 billion in revenue.

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Story summary

Amazon.com, Inc. plans to lay off 14,000 corporate workers, about 4% of its staff, as it shifts to AI and robotics, affecting logistics, payments, and cloud computing teams.
Amazon.com, Inc. will report earnings on October 30, with $1.58 per share and $177.8 billion in revenue.
Apple Inc. will report its fourth-quarter earnings on October 30, with $1.77 per share and $102.1 billion in revenue.