Amazon had around 350,000 corporate employees and CEO Andy Jassy has said he intends to permanently reduce those numbers.

Amazon's e-commerce and cloud growth will last for many years. MercadoLibre is riding an emerging Latin America economy.

Amazon and Microsoft are nipping at Apple's heels. Taiwan Semiconductor and Broadcom need the AI build-out to last for five years to surpass Apple's market cap.

Jeff Bezos denied a viral Polymarket claim that he advised Gen Z entrepreneurs to start at McDonald's or Palantir before launching businesses.

e-Commerce giant Amazon.com Inc. (NASDAQ: AMZN) is reportedly set to begin its next wave of mass layoffs affecting its white-collar corporate workers in its effort to streamline its bureaucracy and drive efficiencies.

Amazon reportedly plans to start laying off about 14,000 corporate workers as soon as Tuesday (Jan. 27). These cuts will be part of the second round of a broader plan to eliminate 30,000 corporate jobs, and they will follow the first round that involved 14,000 layoffs in October, Reuters reported Thursday (Jan.

Amazon plans to lay off thousands of corporate employees in coming days. This second major round of Amazon layoffs since October would bring the total to about 30,000 jobs.

The company in October cut some 14,000 white-collar jobs, about half of the 30,000 target first reported by Reuters.

Amazon laid off about 14,000 workers globally in October.

CNBC's Jim Cramer said Thursday that investors have lost interest in the Magnificent Seven during the storage stock rally. However, he believes eventually the market will rotate back into the former bull market leaders.