Amazon Web Services announced on Wednesday that it has removed several hundred sales, marketing, and tech positions. This was the most recent in a string of layoffs at its parent company, Amazon.com.
AWS’s sales, marketing, and worldwide services division as well as the technology team for physical shops are among the several hundred employees affected, according to the cloud computing company.
An AWS representative stated by mail, “We’ve identified a few targeted areas of the organization we need to streamline.”
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.
As of now this year, 229 companies have laid off around 57,000 employees, according to the tracking website Layoffs.fyi.
In 2022 and 2023, Amazon made over 27,000 layoffs as a result of the tech sector hiring an excessive number of workers during the epidemic.
First reported by news site The Information, the layoffs at AWS’s 60,000-person sales, marketing, and global services business are probably a 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.
However, 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 battle to profit from generative artificial intelligence.
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