Amazon stock down after 14,000 corporate job cuts in late 2025, up to 30,000 layoffs now expected — AWS and PXT under pressure

Amazon shares dipped as reports confirmed the retail giant may slash 30,000 corporate roles by May 2026. This follow-up to the 14,000 cuts in late 2025 targets 10% of its white-collar staff. The move aims to eliminate "managerial bloat" and fund a $100 billion AI pivot. While trading at $245.98, the stock faces pressure as internal documents suggest 600,000 workers could eventually be replaced by automation by 2033.