List of Flash News about 30,000 job cuts
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2025-10-27 18:56 |
Amazon AMZN Plans Up to 30,000 Corporate Layoffs — Largest Since 2022 — Traders Watch BTC, ETH Correlation Risk
According to @StockMKTNewz, Amazon (AMZN) is reportedly planning to cut up to 30,000 roles from its roughly 350,000-person corporate workforce, marking the largest reduction since about 27,000 jobs were eliminated starting in late 2022 (source: Reuters, as cited by @StockMKTNewz). Given documented positive correlations between major equities and crypto assets since 2020, large-cap tech shocks can transmit to BTC and ETH via risk-on/risk-off channels, so traders may monitor cross-asset sentiment if the report is confirmed (source: IMF research on rising stock–crypto correlations, 2022; BIS analysis on crypto–equity co-movements, 2022). |