Amazon stock price rises as company plans 30,000 corporate job cuts and expands AI, robotics investments. Here's restructuring process, impact on share price, CEO Andy Jassy’s strategy and focus on efficiency

Amazon stock price rose after reports of 30,000 planned corporate job cuts aimed at streamlining operations and boosting efficiency. The move follows CEO Andy Jassy’s cost-cutting strategy and new investments in artificial intelligence and robotics ahead of Amazon’s Q3 earnings. Analysts remain optimistic about the company’s long-term growth outlook.