Bill Baruch, Founder & President of Blue Line Capital, said in a recent program on CNBC that Amazon is one of the top names to own amid an attractive valuation and Cloud growth.

The company didn’t say how many video-game jobs will be cut but noted “significant role reductions” in both cities.

Amazon announced Tuesday that it plans to cut 14,000 corporate jobs as part of a broader effort to become leaner in an era shaped by AI.

Amazon confirmed plans to reduce its corporate workforce, impacting 14,000 employees. The company cited a need to be more lean and the increasing prevalence of artificial intelligence as reasons for the cuts. Those who do not find a new role will be offered severance pay and other transition benefits.

Assessing his itinerary on the Amazon Flex app as smoke billowed around him, Johnny realized that his entire delivery route was ablaze. He radioed in to dispatch about the obvious dilemma, assuming they’d call him back to the warehouse. Instead, Amazon told him to buck up and do his best.

The company didn’t say how many video-game jobs will be cut, but noted in a memo Tuesday that “significant role reductions” would fall on its offices in Irvine and San Diego, as well as its central publishing division.

Amazon's The Lord of the Rings MMO has reportedly been cancelled, according to former senior gameplay engineer at [...]

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Stocks to Buy for High Returns Heading into 2026. On October 27, Reuters reported that Amazon.com, Inc. (NASDAQ:AMZN) plans to invest 1.4 billion euros (approx $1.

More layoffs could be coming in 2026. Reuters says Amazon is planning for 30,000 cuts. Employees might wonder why it's necessary, given the company's $18 billion profit last quarter.