According to @StockMKTNewz, Amazon (AMZN) announced 14,000 corporate job cuts today as the first step in layoffs expected to affect up to 30,000 corporate roles, citing The Wall Street Journal. For trading, the confirmed scale points to lower headcount-related operating expenses over time, source: The Wall Street Journal via @StockMKTNewz. Near-term earnings could reflect severance and restructuring charges under U.S. GAAP exit and disposal cost guidance, source: FASB ASC 420. Given elevated stock-crypto co-movement since 2020, crypto traders may watch Nasdaq and AMZN price reactions for spillover to BTC and ETH risk sentiment, source: International Monetary Fund 2022 analysis of Bitcoin–equity correlations.