Big Tech Faces Another Large Round of Layoffs. This Time It's Oracle. [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Company Research
Source: Yahoo! Finance
The cuts come as Oracle and other tech giants have looked to offset the costs of building out infrastructure for AI technology. Another tech giant is cutting jobs as AI spending grows. This time it's Oracle ( ORCL ), which sent layoff emails to employees earlier today, according to Business Insider , with CNBC reporting the cuts could number "in the thousands." Oracle, which said in its latest annual report that it had about 162,000 full-time employees as of the end of last May, declined to comment on the size or reason for the layoffs. Shares of Oracle were up about 6% in recent trading, amid broader market gains after President Donald Trump suggested an end to the war in Iran could come soon. Why This Matters to Investors Oracle's job cuts mark the latest in a string of layoffs in the industry as Big Tech giants look for ways to support their spending on AI. Some may also be anticipating they could need fewer workers thanks to developments in the technology. Oracle's
Show less
Read more
Impact Snapshot
Event Time:
AMZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AMZN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMZN alerts
High impacting Amazon.com, Inc. news events
Weekly update
A roundup of the hottest topics
AMZN
News
- Amazon partners up with Delta to provide high-speed internet [Yahoo! Finance Canada]Yahoo! Finance Canada
- US Corporate Taxes Drop $65 Billion After Trump's $3.4 Trillion Tax Law [Yahoo! Finance]Yahoo! Finance
- A tumultuous quarter just ended. Here are the highlights, lowlights, and everything else. Top 5 YTD Bottom 5 YTD Software stocks: Loser Oil and oil stocks: Winner The 'Magnificent 7': Loser(s) Claude: Winner Electric vehicles: Winner 1. Dario Amodei (riAcquire Media Monitor
- Oracle Reportedly Lays off 30,000 Workers as Company Increases AI Spending [Yahoo! Finance]Yahoo! Finance
- FedEx's Same-Day Delivery Rollout is More About Optionality than Speed [Yahoo! Finance]Yahoo! Finance
AMZN
Earnings
- 2/5/26 - Miss
AMZN
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/19/26 - Form CERT
- 3/19/26 - Form 8-A12B
- AMZN's page on the SEC website