Amazon to Cut 14K Jobs | Open Interest 10/28/2025

Bloomberg•Tuesday, October 28, 2025 at 5:07:48 PM

Amazon's decision to cut 14,000 jobs is a significant move that reflects broader trends in corporate America as companies tighten their belts amid economic uncertainty. This news is particularly important as it highlights the challenges facing major employers and the potential impact on the job market, especially as investors are closely monitoring earnings reports and forecasts. With other companies like Paramount also announcing layoffs, it raises concerns about the overall health of the economy and the future of employment.

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