Amazon Plans to Lay Off 14,000 Employees

Amazon.com (AMZN) announced on Tuesday that it will lay off 14,000 employees as part of a plan to make fundamental changes to its corporate structure. This decision stands out as part of the company's strategy to reduce costs and increase efficiency.

The company's radical move is being closely monitored in the markets. Investors believe that Amazon aims to enhance its competitive edge with this reduction in its workforce. It is noted that the layoffs are primarily based on performance evaluations, emphasizing the importance of maintaining financial stability.