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Amazon is preparing for a second round of layoffs that could cut nearly 30,000 corporate jobs, marking the company’s largest workforce reduction ever. The job cuts, expected to begin this week, may impact AWS, retail, Prime Video and HR teams. The move reflects Amazon’s cost-cutting strategy and growing reliance on AI-driven automation as tech giants streamline operations amid economic uncertainty
Following massive AI-driven layoffs in tech throughout 2025, the banking sector is emerging as the next major target. Morgan Stanley’s latest analysis predicts over 200,000 job losses across European banks in the coming five years, driven by rapid artificial intelligence adoption and widespread branch closures.
Apple Inc. recently laid off of employees in its sales teams. Employees affected by the layoffs were informed over the past 15 days. Such broad job cuts are unusual for the iPhone maker, which rarely implements layoffs.
