While the news of layoffs could be seen as a negative signal regarding Amazon's current operations, the fact that the stock is trading higher suggests that investors may view these cuts as a cost-saving measure that could potentially lead to greater efficiency and profitability in the long term. The immediate impact on the stock price is likely to be neutral as the market has already absorbed news of Amazon's job cuts earlier in the year, and the additional details may not significantly alter the investment thesis for the stock.