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Amazon Amazon has announced more than 57,000 layoffs under CEO Andy Jassy. The company first cut 27,000 jobs across multiple rounds in 2022 and 2023. It later announced another 14,000 job cuts in October 2025, followed by 16,000 more layoffs in March 2026, according to a report by TOI.
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CNBC TV18•02-10-2026, 10:44
Amazon Explores $8 Billion Nvidia Chip Sale to Investors, Leaseback Deal
  • •Amazon is considering offloading approximately $8 billion worth of advanced Nvidia chips to investors.
  • •The plan involves creating a special-purpose vehicle (SPV) to hold the chips, which Amazon would then lease back.
  • •This strategy aims to strengthen Amazon's balance sheet and adopt a more asset-light approach.
  • •The chips, including Grace Blackwell models, are installed in US data centers across multiple states.
  • •Amazon may offer an equity stake of up to 10% in the SPV to outside investors.
Read Full Article on CNBC TV18 in English

Key Questions Answered

Amazon is exploring shifting about $8 billion of advanced Nvidia Grace Blackwell chips into a special-purpose vehicle to strengthen its balance sheet and lease them back.

Amazon plans to add an additional 2 million Nvidia GPUs in 2027 and 2028, in addition to the 1 million Nvidia chips it announced it would install beginning in 2026.

Amazon plans to offer an equity stake of up to 10% in the special-purpose vehicle created for the Nvidia chip transaction.

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