Amazon (AMZN) Stock: Surges as Company Announces Fresh Layoffs

TLDR Amazon (AMZN) stock surges 2.70% to $260.92 despite another round of job cuts Amazon reportedly cuts fewer than 1,000 jobs across the US, UK, and India Fresh layoffs affect customer service, marketplace support, and engineering teams Amazon’s earlier restructuring plans covered approximately 30,000 job cuts Amazon targets former employees for AI and cloud roles [...]

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