Amazon to cut more than 27,000 jobs in 2022 and 2023
Amazon Web Services said on Wednesday it had cut hundreds of sales, marketing and technology jobs, the latest in a series of layoffs at its parent company.
Amazon’s cloud computing unit said that affected employees include hundreds of employees in AWS sales, marketing and global services departments, as well as physical store technology teams.
“We have identified a number of target areas in our organization that need to be streamlined,” an AWS spokesperson said in an email.
Over the past few months, Amazon has laid off hundreds of employees across multiple divisions, including its Prime Video service, its health care business and its Alexa voice assistant unit, as big tech companies extend the past two years of mass layoffs into 2024.
More than 57,000 employees have been laid off at 229 companies so far this year, according to tracking website Layoffs.fyi.
Amazon laid off more than 27,000 employees in 2022 and 2023 as the tech industry hired too many workers during the pandemic.
The layoffs across AWS’s 60,000-person sales, marketing and global services divisions may be part of a broader reorganization led by sales chief Matt Garman, according to The Information, a news site that first reported the development. .
Amazon’s cloud business has shown signs of stabilizing after suffering a slowdown in growth last year due to economic uncertainty, helping the company beat quarterly revenue estimates in February.
Still, its position as the world’s largest cloud provider is being challenged by rival Microsoft, which has taken an early lead in the race to make money generating artificial intelligence by investing in ChatGPT maker OpenAI.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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