AMZN Stock Today: January 30 16,000 Layoffs Deepen AI Pivot at AWS
Amazon layoffs took another step, with 16,000 more corporate roles cut to speed a generative AI strategy at AWS. That follows 14,000 reductions in October, signaling tighter costs and a sharper AI focus. Shares of AMZN were steady after an early uptick as investors weighed savings against execution risk. For Australians, this matters because AWS powers critical cloud workloads locally. We break down AMZN stock today, what the cuts could mean for margins, and how to position into the upcoming earnings date.
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