Market Chatter: Amazon Cuts About 250 Jobs in Devices and Services Unit

11:27 AM EDT, 10/28/2026 (MT Newswires) -- Amazon (AMZN) reduced its workforce in its devices and services unit by about 250 jobs, Reuters reported Wednesday, citing confirmation from a company spokesperson and a person familiar with the matter, primarily in software development. Amazon cut about 1,000 jobs in its core retail division earlier this month, the report said. Amazon didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 252.38, Change: -0.72, Percent Change: -0.29