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Musk's $1 Trillion Showdown, Amazon's AI Layoffs: The Week Tech Broke the Bank and the Job Market
Justin Nam
October 28, 2025
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Amazon to Lay Off 30,000 Corporate Employees as It Ramps Up AI and Automation Efforts
(Photo: This picture taken on on October 22, 2019, shows a new Amazon warehouse, part of mobile robotic fulfilment systems also known as 'Amazon robotics', in Bretigny-sur-Orge, some 30kms south of Paris)
Amazon is preparing to cut up to 30,000 corporate jobs—its largest reduction in history—as CEO Andy Jassy aggressively pushes the company toward AI and automation. The move affects nearly 10% of the corporate workforce and signals a major inflection point where AI-driven productivity gains are directly leading to white-collar staff reductions across the tech industry.
Tesla Risks Losing Elon Musk as CEO Without $1 Trillion Compensation Plan, Chair Says
(Photo: Tesla CEO Elon Musk gets back into his Tesla after talking to media before visiting the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin.)
Tesla's board chair has issued a stark warning to shareholders: Elon Musk's continued leadership is jeopardized if they reject his unprecedented $1 trillion performance-based pay package. The massive deal is tied to Tesla hitting ambitious targets in autonomous driving, robotics (Optimus), and market cap, setting up a critical vote that will define the company's future.
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Disney Channels Could Vanish From YouTube TV by Thursday Night Without New Deal
(Photo: The Walt Disney logo is projected on a screen onstage during the Walt Disney Studios presentation at The Colosseum at Caesars Palace at CinemaCon 2024 in Las Vegas, Nevada, on April 11, 2024.)
Millions of YouTube TV subscribers are facing a potential blackout of major Disney-owned channels, including ESPN, ABC, and FX, as the two media giants fail to reach a new carriage deal. This high-stakes dispute underscores the ongoing tension and escalating costs in the streaming industry, threatening to disrupt access to major sports and entertainment programming.
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Until next time,
AI EXPLAINED team