News Summary

• The mass layoffs were expected as part of the company’s cost-cutting drive, but are smaller than the 30,000 job losses previous reports had indicated.
• ‘Some may ask why we’re reducing roles when the company is performing well,’ an executive admitted, blaming AI for the layoffs.
• Amazon expects “to continue hiring in key strategic areas” in 2026, but will also keep searching for areas to “realize efficiency gains,” suggesting more job cuts may be on the horizon.