Home technology cloud Several tech and sales employees laid off by Amazon Web Services
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CIO Bulletin
2024-04-04
Amazon Web Services has laid off hundreds of sales, marketing, and tech positions, marking the latest in a series of layoffs by parent company Amazon.com.
According to Amazon Web Services, several hundred sales, marketing, and tech positions have been removed. This is the most recent in a string of layoffs by parent company Amazon.com. AWS's sales, marketing, and worldwide services divisions, as well as the technology team for physical shops, are among the several hundred employees affected, according to the cloud computing company. As major internet companies continue to slash jobs at a tremendous rate, Amazon has been laying off hundreds of employees in recent months across a number of sectors, including its Alexa voice assistant unit, healthcare business, and Prime Video service. These layoffs will continue until 2024.
229 companies have laid off around 57,000 employees this year, with Amazon making over 27,000 in 2022 and 2023 due to the tech sector's excessive hiring during the epidemic. The layoffs at AWS's 60,000-person sales, marketing, and global services business are likely part of a larger restructure led by sales boss Matt Garman. Amazon's cloud business has been stabilizing after experiencing a setback in growth due to an uncertain economy last year; this has helped the company surpass quarterly sales projections in February. Even so, rival Microsoft is posing a threat to its dominance as the largest cloud provider in the world. By investing in ChatGPT-maker OpenAI, Microsoft has gotten an early advantage in the competition to monetize generative artificial intelligence.
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