Amazon announced significant workforce reductions, planning to cut approximately 14,000 to 16,000 corporate positions starting January 27, 2026, as part of a broader reduction targeting white-collar roles.
- Shares of Amazon were trading higher in pre-market activity at $239.60, representing a gain of 0.49%.
- These cuts are part of a larger planned reduction targeting approximately 30,000 total white-collar roles across the company.
- The stock movement aligns with mixed pre-market futures, including the NASDAQ being up 0.56%, ahead of the anticipated Fed decision.