Amazon.com News - January 27, 2026
Amazon Initiates Layoffs of 14,000 Corporate Employees in Strategic Shift to AI
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...
Amazon to Pay Over $900M to Settle Lawsuit Alleging Flawed Return Policy
Amazon has agreed to a settlement valued at over $1 billion to resolve a class-action lawsuit filed in 2023. The lawsuit alleged that the company improperly...
Amazon Shares Rise as UPS Reduces Delivery Partnership
Amazon shares rose 1.7% in midday trading after UPS announced a major strategic divergence, planning to reduce its delivery volume for the e-commerce giant by...
Amazon Shutters All Physical Go and Fresh Stores in Major Grocery Strategy Shift
Amazon announced it is closing all of its physical Amazon Go and Amazon Fresh stores, a major pivot in its brick-and-mortar retail strategy. The decision...
Amazon.com in pre-market at $239.60 amid planned layoffs of 14,000-16,000 jobs
Amazon announced significant workforce reductions, planning to cut approximately 14,000 to 16,000 corporate positions starting January 27, 2026, as part of a...