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Headlines · 1

  1. Amazon cut 30,000 jobs in a year while betting $200B on AI infrastructure

    A report republished with authorization by TMTPost says Amazon eliminated more than 30,000 corporate roles between October 2025 and October 2026 — roughly 10% of its 350,000 white-collar staff and the largest layoff in its 30-year history — with over 70% of the cuts at L5–L7 middle-management levels. In the same period, the article says, Amazon announced 2026 capital expenditure of about $200 billion, mostly for AI infrastructure, roughly 1.5x the prior year's $131 billion and nearly 37% above Wall Street expectations. It also cites an estimated $3 billion in annual savings from the first 14,000-person round (per Cybernews) and says Amazon raised its total Anthropic investment from $8 billion to $33 billion in April 2026, with future plans up to $65 billion, in exchange for Anthropic's commitment to spend more than $100 billion on AWS over the next decade.

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