According to The Kobeissi Letter (X post dated Oct 27, 2025), Amazon (AMZN) is preparing to announce mass job cuts beginning tomorrow, described in the post as the largest layoff in the company’s history. Per the same source, as many as 30,000 corporate employees could be affected across the corporate workforce. Based on The Kobeissi Letter’s report, traders may watch AMZN for headline-driven volatility and options repricing around the announcement timing, and monitor broader risk sentiment for potential spillover once official details emerge; the post itself does not discuss market impact.

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).