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Amazon's 30K Corporate Job Cuts, Qualcomm Takes Aim at Nvidia
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October 27, 2025
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7:19Now PlayingAmazon.com plans to cut corporate jobs in several key departments, including logistics, payments, video games and the cloud-computing unit, according to people familiar with the matter. The terminations, expected as soon as Tuesday, could affect as many as 30,000 jobs, Reuters reported on Monday, citing sources. Elsewhere, Qualcomm shares rose to their highest price in 15 months after unveiling chips and computers for the lucrative AI data center market, aiming to challenge Nvidia Corp. in the fastest-growing part of the industry. Bloomberg News Big Tech Team Leader Sarah Frier joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.
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