Amazon Plans to Cut Corporate Jobs Across Core Departments
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Amazon.com Inc. plans to cut corporate jobs in several key departments, including logistics, payments, video games and the cloud-computing unit, according to people familiar with the matter. The terminations, expected as soon as Tuesday, could affect as many as 30,000 jobs, Reuters reported on Monday, citing sources. Cuts on that scale would be the largest since rolling reductions in late 2022 and early 2023 that ultimately totaled more than 27,000 corporate employees, as Chief Executive Officer Andy Jassy looked to cut costs after expanding rapidly during the pandemic. Since then, there has been a steady drip of more modest layoffs targeting individual teams. An Amazon spokesperson declined to comment. Jassy in June signaled that Amazon’s workforce would likely get smaller as the company increases its use of artificial intelligence to complete tasks normally handled by people. The comment touched off panic among workers, who trawled anonymous online chat rooms for insights about potential job cuts that often leak piecemeal, making it difficult to assess their full size and scope. Today's show features:Bloomberg News Big Tech Team Leader Sarah Frier on Amazon's expected layoffs and Qualcomm’s new semiconductors aimed at competing with NvidiaJan van Eck, Chief Executive Officer of VanEck Funds, on the market outlook heading into mega-cap tech earningsSarah Hunt, Chief Market Strategist, Alpine Saxon Woods, on the Monday trade and market outlookBloomberg News Boston Bureau Chief Brooke Sutherland and Bloomberg News Senior Economic Writer Shawn Donnan on their Businessweek feature: AI Data Center Boom Threatens Trump’s Manufacturing RevivalSee omnystudio.com/listener for privacy information.
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Montage International Eyes Bigger Slice of Luxury Travel Market
Montage International is a collection of luxury vacation properties consisting of 15 hotels and resorts with another 14 more currently in development. As an asset manager and operator, Montage's strategy includes long-term partnerships with owners, real estate partners, developers, investors and associates. Montage Hotels and Resorts is the only Forbes five star rated hotel brand.Alan Fuerstman, the company's Founder, Chairman and CEO, discusses the state of the high-end leisure and travel market and how White House policies impact the company's access to workers in key markets. Alan speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.
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Bloomberg Businessweek Weekend - October 24th, 2025
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."Hosted by Carol Massar and Tim StenovecHear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.
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Ontario to Pause Anti-Tariff Ad Campaign After Trump’s Ire
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.The Ontario government plans to stop running the anti-tariff advertisement that irked President Donald Trump after airing it during broadcasts of baseball’s World Series. The government-funded ad, which featured excerpts of late US President Ronald Reagan criticizing tariffs, will stop appearing after Friday and Saturday’s games, following Trump’s criticism of it, Ontario Premier Doug Ford said in a post on the social media network X. “Our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses,” Ford wrote. “We’ve achieved our goal, having reached US audiences at the highest levels.”Ford said that, following a conversation with Prime Minister Mark Carney, he’d pause the ad starting Monday “so that trade talks can resume.” The White House didn’t immediately respond to a request for comment. Trump posted angrily about the television commercial, which played in some Republican-held regions of the US, saying Reagan’s comments were fraudulently used and that he would halt trade talks because of it.Today's show features: Bloomberg News Ottawa Bureau Chief Laura Dhillon Kane on rising trade tensions between the United States and Canada Katy Kaminski, Chief Research Strategist and Portfolio Manager with AlphaSimplex Group and Drew Matus, Chief Market Strategist at MetLife Investment Management, with Bloomberg Television and Radio International Economics & Policy Correspondent Mike McKee on Friday’s inflation report amid the ongoing government shutdown Amy Rubenstein, CEO of Clear Investment Group, on the distressed real estate market See omnystudio.com/listener for privacy information.
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Genomics Creative Predictive Power in the Medical Field
The Division of Genetics and Genomics at Boston Children’s Hospital provides comprehensive clinical care including diagnostics, genetic counseling, and individualized management in concert with other specialties for people of all ages. As one of the largest pediatric genetics practices in the country, this key division of BCH has experience with both common conditions and very rare conditions affecting just a few hundred children in the world.Dr. Wendy Chung, Chief of Pediatrics at Boston Children's Hospital as well as Harvard Medical School's Mary Ellen Avery Professor of Pediatrics, explains how her team finds answers for some of the most complex and hard-to-diagnose genetic conditions, sometimes applying new technologies through our research labs when existing genetic tests are negative or inconclusive. Dr. Chung speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.
Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
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