After cutting 14,000 jobs back in October and denying there were more of them coming, Amazon confirmed yesterday there will be another 16,000 layoffs and made comments suggesting the company won’t be done even after then. These job cuts will only add to the worsening anxiety among American workers, who reminded everyone of those deep concerns in the latest plunge in consumer confidence. According to the most optimistic measure for it, from the Conference Board, confidence crashed to its lowest level in over a decade.
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CNBC Amazon laying off about 16,000 corporate workers in latest anti-bureaucracy push
https://www.cnbc.com/2026/01/28/amazon-layoffs-anti-bureaucracy-ai.html
Internal messages reveal which teams, jobs affected in Amazon layoffs
https://www.businessinsider.com/internal-messages-teams-jobs-affected-amazon-layoffs-2026-1
CB US Consumer Confidence Fell Sharply in January
https://www.conference-board.org/topics/consumer-confidence/
https://www.eurodollar.university
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