🚨 JUST IN: 🛒 Amazon lays off 16,000 employees
Amazon has announced 16,000 job cuts, marking one of the company’s largest workforce reductions to date. $DASH
KEY DETAILS:
• Company: Amazon
• Layoffs: ~16,000 employees
• Theme: Cost-cutting & efficiency push
WHY IT MATTERS:
• Signals continued pressure on Big Tech margins $PAXG
• Reflects aggressive automation & AI-driven restructuring $SOMI
• Reinforces the broader tech-sector downsizing trend
BOTTOM LINE:
Big Tech Is Still Tightening.
Even At Amazon’s Scale, Efficiency Now Comes Before Expansion ⚠️
