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Why Amazon Plans to Cut 30,000 Jobs

Why Amazon Plans to Cut 30,000 Jobs

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A.M. Edition for Oct. 28. According to people familiar with the matter, Amazon plans to cut roughly 10% of its corporate workforce, as it seeks to slim down, conserve cash and further employ AI. Plus, WSJ’s Jon Emont explains how a slew of billion-dollar deals is reshaping the once-dormant Western rare-earths industry. And, a Republican-led committee recommends that the Justice Department investigate former President Joe Biden’s executive actions, particularly his clemency decisions. Caitlin McCabe hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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