What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.
Text: Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by 2.02% to $98.76 Monday afternoon. The stock is possibly trading lower following reports the company is planning to layoff some 10,000 corporate and technology roles this week.
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moderately negative
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