• Fri. Apr 19th, 2024

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

BySamantha Johnson

Apr 4, 2024
Amazon: Big Tech Company Lays Off Hundreds of Employees in Cloud Computing Division

Amazon, the technology giant, has announced job cuts that will affect hundreds of employees at its cloud computing business. The company has been shifting its strategy by focusing on physical stores, such as Amazon Fresh, which were launched in 2020. On Tuesday, Amazon said it would be removing its self-checkout system, Just Walk Out, from all its stores.

The job cuts will impact several hundred roles in sales, marketing, and global services, as well as a few hundred roles in its physical stores technology team. An AWS spokesperson told the BBC that these decisions are difficult but necessary as the company continues to invest, hire, and optimize resources to deliver innovation for its customers. However, Amazon also 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 its home city of 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 AWS, including recent investments in safety and research start-up, Anthropic. Other technology giants like Microsoft have also been investing in AI capabilities. According to US career consultancy Challenger, Gray & Christmas, the tech sector cut 168,032 jobs in 2023 – a 73% increase compared to 2022.

By Samantha Johnson

As a content writer at newszkz.com, I delve into the realms of storytelling, blending words to paint vivid narratives that captivate and inform our readers. With a keen eye for detail and a passion for research, I craft compelling articles that resonate with our audience. My love for words drives me to explore diverse topics, ensuring that each piece I create not only educates but also entertains. Join me on this journey as we navigate the ever-evolving landscapes of news and knowledge together.

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