Consultancy Circle

Artificial Intelligence, Investing, Commerce and the Future of Work

Day: January 28, 2026

  • Amazon Cuts 16,000 Jobs Amid AI Competition Surge

    Amazon’s latest round of workforce reductions—affecting roughly 16,000 employees across several divisions—marks one of the company’s most significant restructurings in recent years. Official internal communications, first reported by CNN on January 28, 2026, reveal the layoffs are heavily concentrated in Amazon’s Alexa and hardware divisions, as well as certain retail operations. Executives cite organizational “realignment”…