With the latest layoff news doing little to change the story, continue to wait on the sidelines with AMZN stock. Big tech is taking an ax to its headcount, and Amazon (NASDAQ:AMZN) is no exception. The e-commerce and cloud computing giant recently announced its own round of mass layoffs, downsizing 10,000 corporate and technology positions. So far, this move has had little impact on AMZN stock.
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