Amazon: Big Tech Company Lays Off Hundreds of Employees in Cloud Computing Division

Amazon Announces Hundreds of Job Cuts in Cloud Computing Business, AI Investments and Tech Sector Layoffs on the Rise”.

The technology giant Amazon has announced job cuts that will impact hundreds of employees at its cloud computing business. On Tuesday, the company revealed that it would be removing its self-checkout system, Just Walk Out, from all its stores. These decisions are difficult but necessary as Amazon continues to invest, hire and optimize resources to deliver innovation for its customers.

The job cuts will affect several hundred roles in sales, marketing, and global services, as well as a few hundred roles in its physical stores technology team. However, Amazon stated that it will continue to hire and grow, especially in core areas of its business, with thousands of jobs available and efforts to find internal opportunities for affected employees.

The cuts will take place at Amazon’s operations worldwide, with most of the AWS roles based in Seattle. US-based employees affected by the job cuts will receive pay and benefits for at least 60 days, assistance in finding another job, access to transitional health benefits and eligibility for severance pay. As of the end of last year, Amazon had a total of more than 1.5 million full-time and part-time employees excluding contractors and temporary personnel.

Amazon has been focusing on artificial intelligence (AI) through its AWS division including recent investments in safety research start-up Anthropic. Other technology giants like Microsoft have also been investing heavily in AI capabilities. According to US career consultancy Challenger Gray & Christmas , the tech sector cut 168032 jobs in 2023 -a 73% increase compared to 2022 indicating that layoffs are becoming more common across the industry .

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