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Amazon Layoffs: The Good, The Bad, and The Ugly

Amazon Layoffs: The Good, The Bad, and The Ugly

Just ask Amazon (NASDAQ: AMZN), one of the largest companies in the world by market cap. Amazon has responded to these issues by attempting to reduce expenses where it can, including letting go of thousands of employees, a popular move on Wall Street these days. Let's consider the good, the bad, and the ugly of Amazon's layoffs from a business and investing perspective.