The Economic Times

Amazon layoffs: Is Amazons plan to cut 14,000 jobs while spending $35 billion on AI drive growth or stall shares - investors wait for AWS profit

Amazon layoffs: Amazon is executing a historic pivot this January 2026. To fuel a $35 billion quarterly AI surge, the tech giant is cutting 14,000 corporate roles. CEO Andy Jassy frames this as a ureaucracy tax removal. While Capex jumped 55%, AWS growth has re-accelerated to 20%. Investors are watching closely as Amazon trades management layers for custom AI silicon. This strategy prioritizes long-term efficiency over immediate retail margins.