Amazon announces 16,000 layoffs

Raymond James' Josh Beck talks with TITV Host Akash Pasricha about Amazon’s massive 16,000-person layoff and what to expect from Meta and Microsoft earnings tonight. We also talk with The Information's Aaron Holmes about Microsoft’s internal reaction to Anthropic’s Claude CoWork as well as Ann Gehan & Theo Wayt about the shutting down of Amazon’s grocery store experiments. Finally, we get into the return of speculative SPACs with our Finance Editor Ken Brown.

Articles discussed on this episode: 

https://www.theinformation.com/articles/microsoft-races-respond-new-threats-anthropic

https://www.theinformation.com/newsletters/the-information-finance/new-spac-boom-let-last-spac-boom

https://www.theinformation.com/briefings/amazon-cuts-16-000-employees

https://www.theinformation.com/newsletters/the-briefing/amazons-fresh-dream-expires

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