‘Business is booming, and jobs are still being cut’: Ursula warns workers as Amazon’s record margin follows more layoffs

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  "data": {
    "url": "https://mynorthwest.com/kiro-opinion/amazons-record-follows-layoffs/4292172",
    "title": "‘Business is booming, and jobs are still being cut’: Ursula warns workers as Amazon’s record margin follows more layoffs - MyNorthwest.com",
    "excerpt": "KIRO NEWSRADIO OPINION Oct 30, 2026, 8:14 AM BY GEE SCOTT AND URSULA REUTIN SHOW MyNorthwest.com Amazon cut about 250 more jobs this week, then reported its highest operating margin ever. KIRO host Ursula Reutin said that’s the new reality for workers: A booming company no longer means a safe job. Amazon cut jobs Wednesday in its devices and services division, Reuters reported. The cuts came weeks after the company rolled out new Kindle e-readers and tablets. Most of the affected workers were in software development. Earlier this month, Amazon cut about 1,000 jobs in its retail division. On Thursday, the company reported third-quarter sales of $201.9 billion, up 12% from a year earlier. Operating income rose to $28.1 billion, and its 13.9% operating margin was Amazon’s highest ever. Amazon Web Services grew 39.3%, its fastest growth in nearly five years. Microsoft is sending the same message. On “The Gee and Ursula Show” on KIRO Newsradio, Ursula noted that the company just reported more than $92 billion in quarterly revenue, and its Azure cloud business brought in more than $33 billion. Microsoft has also offered voluntary exits to tens of thousands of employees. “Two of the biggest employers in our region are sending the same message this week: business is booming, and jobs are still being cut,” Ursula said. Ursula said workers need to rethink what job security means. “If...",
    "summary": "Amazon reported operating income of $28.1 billion.",
    "planning": false,
    "image_url": "https://mynorthwest.com/wp-content/uploads/2026/10/Amazon-3.jpg",
    "confidence": 0.95,
    "published_at": "2026-10-30T15:14:34Z",
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    "article_sentence": "Operating income rose to $28.1 billion, and its 13.9% operating margin was Amazon’s highest ever.",
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