Amazon slowed hiring and conducted layoffs in its HR team Amazon is shifting investments to its noncore businesses and international expansion after slowing e-commerce sales and layoffs. Fortune · May 3, 2023
Amazon Web Services rolls out new hiring restrictions In a leaked memo, AWS tells hiring managers about new constraints in place to control headcount growth. Fortune · May 2, 2023
Amazon's cloud comment jolts investors Amazon.com Inc signalled on Thursday its long lofty cloud growth would slow further as its business customers braced for turbulence and clamped down on spending, overshadowing the company's quarterly sales and profit that topped expectations. Bangkok Post · Apr 29, 2023
A wave of A.I. spending could revive Amazon's sputtering cloud growth Amazon CEO Andy Jassy is vying for A.I. customers to bring their processing power to AWS. Fortune · Apr 28, 2023
Amazon beats expectations in first quarter earnings as shares jump 11% E-commerce behemoth, in the midst of aggressively cutting costs including laying-off 27,000 workers, reported revenue growth The Guardian - US · Apr 27, 2023
Amazon earnings highlight a fairly positive quarter for Big Tech despite big cuts Amazon reported more than $127 billion in revenue in its Q1 2023 financial earnings report. Android Central · Apr 27, 2023
Amazon stocks surge after Q1 revenue, profit wins Amazon on Thursday reported a slowdown in its cloud computing unit AWS, but stronger-than-expected revenue and profits for the first quarter sent its stocks higher in after-hours trading The Independent UK · Apr 27, 2023
AWS CEO warns of some potential big changes this year Amazon’s not all that bothered about the short-term wobbles, it seems, as CEO Andy Jassy looks to the future. TechRadar · Apr 17, 2023
Amazon CEO Andy Jassy took nearly a 99.4% pay cut from 2021 to 2022 Jassy had a smaller compensation package than Amazon founder Jeff Bezos in 2022, as well as peers in Big Tech like Apple's Tim Cook and Microsoft's Satya Nadella. Fortune · Apr 14, 2023
Amazon is launching its new A.I. game plan Amazon is joining the A.I. race with a strategy that differs from other tech giants’. Fortune · Apr 13, 2023
Amazon CEO Andy Jassy is doubling down on his return to office mandate Amazon’s New York and Austin offices reportedly won’t be ready to open until September, despite a mandate for staff to be back at their desks from May. Fortune · Apr 13, 2023
Amazon CEO Andy Jassy has identified the business’ next frontiers Catering to a range of Amazon customers' basic needs makes up part of Jassy's strategy moving forward. Fortune · Apr 13, 2023
Amazon's Jassy says AI will be a 'big deal' for company Amazon CEO Andy Jassy signaled confidence the company will get costs under control in his annual letter to shareholders The Independent UK · Apr 13, 2023
DPReview is being shut down by Amazon today – "what a waste" says founder DPReview is closing after almost 25 years, and founder Phil Askey puts Amazon on blast for the baffling decision Digital Camera World · Apr 10, 2023
Daily Record · Apr 5, 2023 Amazon warning as retailer to close popular online book shop The online retailer giant announced the closure as they continue to shake up the business and make cuts in a bid to save money.
Birmingham Post · Apr 5, 2023 Amazon set to close its Book Depository online shop amid global job cuts Gloucestershire-founded Book Depository was acquired by the retail giant in 2011
The Guardian - UK · Apr 4, 2023 Amazon to close Book Depository online shop Gloucester-based bookseller bought by the retail giant in 2011 will shut at the end of April
Wales Online · Mar 22, 2023 Just Eat issues major update following Tesco and Amazon moves to cut costs Job cuts and changes to loyalty schemes are being made
IT Pro · Mar 21, 2023 AWS layoffs: Why Amazon is cutting staff from its most profitable division Amazon has announced it will make a significant portion of staff redundant at its cloud division in the latest round of cuts. The tech giant confirmed on Monday it intends to lay off 9,000 additional staff following an initial round of cuts that saw more than 18,000 roles erased in…
TechRadar · Mar 21, 2023 Amazon announces thousands more jobs to go, with AWS bearing the brunt Amazon sheds a further 9,000 workers as it continues to streamline costs and headcounts.
Asharq Al-Awsat · Mar 21, 2023 Amazon Deepens Tech-sector Gloom with Another 9,000 Layoffs Amazon.com Inc on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner. In a remarkable turn for a company that has long touted its job creation, Amazon will have…
The Guardian - UK · Mar 20, 2023 Amazon to cut another 9,000 jobs in new round of layoffs Redundancies to take place mostly in cloud services, advertising and Twitch livestreaming units
Android Central · Mar 20, 2023 Amazon to lay off 9,000 more employees as Big Tech continues shedding workforce Amazon is eliminating roughly 9,000 more positions to make the company leaner. This follows its previous move to lay off 18,000 employees.
Tribune News Service · Mar 20, 2023 Amazon to cut 9,000 more jobs In another push to reduce costs and trim workforce, Amazon announced Monday its plans to lay off another 9,000 employees, bringing its total job cuts to 27,000 since November.
Evening Standard · Mar 20, 2023 Amazon lays off another 9,000 employees to cut costs Amazon is to let go of another 9,000 employees worldwide as the e-commerce giant ramps up its cost-cutting measures. #The announcement was made to employees of the firm in a note by CEO Andy Jassy, who said workers in the Amazon Web Services, human resources, advertising and Twitch units would…