Amazon stock heads into Monday with fresh layoff report and Feb. 5 earnings date in view
Amazon shares rose 2.1% Friday to $239.16, then slipped 0.1% after hours, as Reuters reported the company may announce thousands of new corporate layoffs as soon as Tuesday. The cuts could hit AWS, retail, Prime Video, and HR teams, sources said. Amazon will report fourth-quarter earnings on Feb. 5. The company declined to comment on the layoff plans.