Wednesday, October 14, 2026

DD India

January 29, 2026 10:14 AM

Amazon axes 16,000 jobs as it pushes AI and efficiency

Amazon confirmed 16,000 corporate job cuts on Wednesday, completing a plan for around 30,000 since October, while leaving open the possibility of further reductions. Amazon said on Tuesday it was closing its remaining brick-and-mortar Fresh grocery ...

October 31, 2025 11:27 AM

Amazon shares rise after cloud growth exceeds expectations

Amazon's cloud revenue rose at the fastest clip in nearly three years, helping the company forecast quarterly sales above estimates and driving its shares up 14% in after-market trading on Thursday. The company projected increased capital spendi...

Last updated on: 14th October 2026

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