Amazon's Seattle headquarters. The company announced plans to cut 14,000 jobs in one of its largest staff reductions ever. David Ryder/Bloomberg/Getty Images New York —

Amazon — a company that made more than $35 billion in profit in the first half of 2025 and is on track to spend more than $120 billion on AI this year — is laying off tens of thousands of people, citing its desire to slim down and “operate like the world’s largest startup.”

The overall message from Amazon reflected a familiar impulse in Corporate America to reduce headcount in the face of rising prices, an unpredictable trade war and a potential (though still largely speculative) artificial-intelligence revolution. Amazon isn’t alone: UPS on Tuesday announced it had cut some 48,000 workers this year; Target elim

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