Technology giant Amazon has announced job cuts affecting hundreds of staff at its cloud computing business.
Amazon Web Services (AWS) has been growing and now represents 14% of Amazon’s total revenue, according to its latest financial report.
The company has been shifting its strategy with physical stores, Amazon Fresh, which were launched in 2020.
The company has been shifting its strategy with physical stores, Amazon Fresh, which were launched in 2020.
The firm said the latest job cuts impact several hundred roles in sales, marketing and global services and a few hundred roles in its physical stores technology team.
“These decisions are difficult but necessary as we continue to invest, hire, and optimize resources to deliver innovation for our customers”, an AWS spokesperson told the BBC.
The firm also said “it will continue to hire and grow, especially in core areas of our business”, adding that there are thousands of jobs available and it is working to find internal opportunities for employees whose roles are affected.
Amazon said the cuts will be at its operations around the world, though the majority of AWS roles are in its home city Seattle.
The company said US-based employees will receive pay and benefits for at least 60 days, help finding another job and access to transitional health benefits. They will also be eligible for a severance pay.
Technology giant Amazon has announced job cuts affecting hundreds of staff at its cloud computing business.
The company has been shifting its strategy with physical stores, Amazon Fresh, which were launched in 2020.
Amazon Web Services (AWS) has been growing and now represents 14% of Amazon’s total revenue, according to its latest financial report.
The firm said the latest job cuts impact several hundred roles in sales, marketing and global services and a few hundred roles in its physical stores technology team.
The company has been shifting its strategy with physical stores, Amazon Fresh, which were launched in 2020.
The company has been shifting its strategy with physical stores, Amazon Fresh, which were launched in 2020.
The firm said the latest job cuts impact several hundred roles in sales, marketing and global services and a few hundred roles in its physical stores technology team.
“These decisions are difficult but necessary as we continue to invest, hire, and optimize resources to deliver innovation for our customers”, an AWS spokesperson told the BBC.
The firm also said “it will continue to hire and grow, especially in core areas of our business”, adding that there are thousands of jobs available and it is working to find internal opportunities for employees whose roles are affected.
Amazon said the cuts will be at its operations around the world, though the majority of AWS roles are in its home city Seattle.
The company said US-based employees will receive pay and benefits for at least 60 days, help finding another job and access to transitional health benefits. They will also be eligible for a severance pay.
#Amazon #cuts #hundreds #jobs #cloud #business
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))
