How Amazon flipped the script on a challenging week

Sebastian Ujică

Tuesday brought 14,000 job cuts and fresh AI concerns. By Thursday, investors were cheering. It was a turbulent week for Amazon and its CEO Andy Jassy , marked by historic layoffs and rising doubts about AI, followed by a swift 48-hour rebound that reassured investors. Wall Street is impressed — Amazon shares hit record highs on Friday — though questions remain. "Amazon isn't perfect, and we are seeing increasing urgency in defending their cloud leadership position and reclaiming some of the

How Amazon flipped the script on a challenging week https://www.businessinsider.com - 01.11.2025 09:24

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How Amazon flipped the script on a challenging week https://www.businessinsider.com - 01.11.2025 09:24