Stocks MarketWatch 10d ago

Amazon will cut 16,000 jobs, adding to the tech sector’s new wave of layoffs

Market Intelligence Analysis

AI-Powered
Why This Matters

Amazon is cutting 16,000 jobs, contributing to a wave of layoffs in the tech sector, with other companies like Pinterest and Autodesk also announcing job cuts at the start of 2026.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Pinterest and Autodesk are among other tech companies that have started 2026 with layoff announcements.

Continue Reading
Full article on MarketWatch
Read Full Article

Related Articles

Stocks 6h ago

Hims & Hers pulls copycat weight-loss pill after threats of legal action

Hims & Hers has decided to discontinue its copycat version of the weight-loss pill Wegovy …
Stocks 11h ago

Nearly a thousand Google workers sign letter urging company to divest from …

Google employees are pressuring the company to divest from ICE and CBP due to rising …
Stocks 12h ago

First the quarter zip, now a '401(k) mullet' — what Gen Z …

Gen Z is adopting a more professional image, indicated by their fashion choices, as a …
Stocks 11h ago

‘I’m not made of money’: My heating engineer charged me twice. He …

A customer is disputing a $180 charge from a heating engineer for a second visit, …
Stocks 12h ago

Follow the smart money to the makers of these favorite snack foods …

Insiders' confidence in the U.S. snack food market suggests a strong appeal, potentially indicating a …
Stocks 12h ago

What can you do if your doctor retires or quits?

The article discusses the severe doctor shortage, but it does not provide direct market impact …
Original article published by MarketWatch on January 28, 2026.
Analysis and insights provided by AnalystMarkets AI.