Amazon begins a new round of layoffs on January 28, 2026. The company will eliminate 14,000 to 15,000 corporate positions. The cuts impact Amazon Web Services (AWS), core retail, Prime Video, and human resources. This marks the second phase of a reduction plan started in late 2025. Total jobs cut now reach nearly 30,000.
CEO Andy Jassy leads the strategic pivot to reduce bureaucracy and intensify focus on artificial intelligence. Capital expenditures increased 55% year-over-year last quarter. Spending reached $35.1 billion, primarily funding AI and cloud infrastructure buildout.
Investors monitor the strategy prioritizing long-term AI efficiency over immediate profits. Revenue grew, but operating income remained nearly flat, reflecting the heavy AI investment. The company's stock saw modest gains year-to-date. However, the stock lagged behind major tech competitors.