The Philips Motion Sensor Floodlight is on sale at Amazon for 10% off, and shoppers say it's "perfect for backyard security."

Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.

Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will cut 14,000 jobs, citing a goal of "reducing bureaucracy, removing layers."

Amazon stock is up 43% over the last five years, badly underperforming other Magnificent Seven stocks and the broader S&P 500.

Retail job losses are surging, with Amazon and Target cutting nearly 32,000 corporate jobs combined, signaling a major industry restructuring.

The company didn’t say how many video-game jobs will be cut, but noted in a memo Tuesday that “significant role reductions” would fall on its offices in Irvine and San Diego, as well as its central publishing division.

Business Insider's reporters walk through the big layoffs at Amazon, why the cuts came, and who could be next.

One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.