Amazon to cut thousands of jobs
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Analysts and AWS watchers agree that the roughly 15,000 cuts are caused by ‘culture’, but there is disagreement about what that actually means.
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Pine Gate Renewables filed for bankruptcy in November, and the company's largest project will be sold to Amazon, according to court proceedings.
Amazon plans to open a massive 230,000-sq.ft. store outside Chicago featuring groceries and general merchandise to challenge Walmart's dominance in that space.
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Tariffs are a tax on businesses, which means you’d expect if tariffs go up so do prices. But the effect of President Trump’s ever-changing but always aggressive tariff policies didn’t cause the huge price hikes and widespread economic damage many feared in 2025.
Evidence: Free cash flow for the last twelve months fell to $14.8 billion, propelled by a $50.9 billion year-over-year surge in property and equipment acquisitions (Oct 2025), management has raised the capital expenditure forecast for 2025 to $125 billion from $118 billion and anticipates further increases in 2026.
Amazon is about to cut 15,000 more jobs. It does not want to grow its U.S. workforce but plans to double the number of products it sells.
Amazon is set to open what it calls the “first-of-its-kind” retail store in Orland Park, after receiving the final approval from the village’s board on Monday night.
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