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Amazon under fire after major outage triggers widespread chaos: 'Great until something goes wrong'
"You really see just how dependent you are." Amazon under fire after major outage triggers widespread chaos: 'Great until something goes wrong' first appeared on The Cool Down.
One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.
Amazon has bounced back from the 2022 sell-off, but its gains have been relatively muted during the AI boom compared to some of its Magnificent Seven peers.
Sticking out like a sore thumb in Amazon's earning release is the operating income figure. While solace can be found in the figure's 16% YoY increase, it's hard to ignore that it remained virtually unchanged YoY in Q3 2025 (see chart below).
Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.”
Amazon has multiple strong economic moats. Its cloud and e-commerce businesses have tremendous growth prospects. The company is also continually looking for new markets to conquer. Amazon is no longer the scrappy start-up it was in 1997.
The job cuts at Amazon were announced Tuesday and account for 4% of the online retail company’s corporate workforce.
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead.
Amazon's sales are growing faster than Walmart's, and Amazon is finally in striking distance of the top spot. AI is its primary growth engine, but e-commerce is also expanding rapidly. Inflation is still climbing,
Amazon is pouring billions into AI infrastructure. Its cloud boss says the company feels "quite good" about its strategy.
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