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65/100 Bearish 22.07.2026 · 15:03 Finrend AI ⏱ 1 dk 👁 4 TR

Amazon Conducts Layoffs in Artificial General Intelligence Group

Amazon has carried out layoffs within its artificial general intelligence (AGI) group. According to Reuters, the company eliminated certain positions as part of a restructuring of its operations in this area. While the number of affected employees was not disclosed, the move is said to be part of changes in Amazon's AGI strategy. Amazon has long been investing in artificial intelligence and AGI, aiming to apply these technologies across its cloud services, retail, and other business lines. However, a broader cost-cutting trend has been observed in the technology sector recently. Amazon is following this trend by reducing staff in specific units. According to Reuters' sources, the layoffs impacted certain sub-teams within the AGI group. Amazon emphasized that these changes will not affect the company's long-term AGI goals and will enable more efficient use of resources. The company stated it would provide support to affected employees during the restructuring process. This development marks a period in which Amazon is reassessing its investments in artificial intelligence. The company continues its efforts to commercialize AGI technologies and gain a competitive advantage. However, short-term cost control measures are leading to such layoffs. This is not investment advice.

📊 AMZN — Piyasa Yorumu

▼ down · 65%

The news could create uncertainty regarding Amazon's growth strategy in artificial intelligence and may put short-term pressure on the stock. Technical indicators also point to weakness: the RSI is approaching oversold territory at 32, while the MACD remains below the signal line and negative. The price closed below both the 20-day and 50-day moving averages, indicating a short-term downtrend. The 1.92% decline in the last 24 hours suggests continued selling pressure. However, the RSI entering oversold territory could trigger some buying on reaction, so the downside expectation is high but limited.

RSI 14
32.3
MACD
-1.43
24h Δ
-1.92%

📊 GOOGL — Piyasa Yorumu

▼ down · 60%

The news signals a contraction in the artificial intelligence sector, which could negatively impact technology stocks such as GOOGL. Technical indicators are already weak: the RSI at 41 is near the sell zone, and while the MACD is below zero and above its signal line, momentum remains low. The price is trading below the 20- and 50-day moving averages, confirming short-term pressure. Despite a slight uptick in the last 24 hours, the overall trend is bearish, so a decline can be expected.

RSI 14
41.2
MACD
-2.43
24h Δ
0.75%
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