Tag «corporate profits»

Amazon Blamed AI for 30,000 Layoffs. Its Workforce Grew by 20,000 Anyway.

Amazon wants you picturing a robot walking your coworker to the parking lot with a cardboard box. That’s not really what happened. Since October 2025, Amazon has cut roughly 30,000 corporate jobs in two waves — 14,000 last fall, another 16,000 in January. CEO Andy Jassy told employees back in a June 2025 memo that …

Everyone Said Ending Free Bags Would Sink Southwest. It Made Them $227 Million Instead.

Southwest Airlines spent decades selling you exactly one thing no other airline would: free bags. It showed up in every commercial and every earnings call, unchanged for years. Then in May 2025, Southwest killed it. The reaction was instant and confident. Fitch Ratings warned that adding bag fees risked “eroding Southwest’s competitive strengths relative to …