Amazon cuts 14,000 corporate jobs
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Investor's Business Daily on MSN
Amazon Stock Rises As 14,000 Layoffs Announced, Warning Of More To Come
Amazon AMZN said Tuesday it was laying off 14,000 employees and suggested there will be more cuts to come, as the company says it aims to be more "nimble" and embrace AI. Amazon stock gained following its announcement.
An Amazon Web Services outage impacting Amazon's own services and as well as apps around the world wasn't resolved until Monday evening.`
A small position in the stock ahead of earnings might make sense.
Plus: The Jaguar Land Rover hack sets an expensive new record, OpenAI’s new Atlas browser raises security fears, Starlink cuts off scam compounds, and more.
A problem at Amazon’s cloud computing service disrupted internet use around the world. The outage on Monday took down a broad range of online services, including social media, gaming, food delivery, streaming and financial platforms.
Amazon Web Services outage is causing major disruptions around the world, including platforms ranging from Disney+ and Alexa to Venmo and Roblox.
FOX 5 Washington DC on MSN
Amazon Web Services outage causes issues for apps, websites worldwide
An Amazon Web Services outage is causing disruptions globally. The service provides remote computing services apps, websites, governments, universities and companies.