Amazon Web Services Cuts Hundreds of Jobs in Store Tech and Sales Departments ๐Ÿ’ผ

AWS has announced significant layoffs impacting hundreds of employees in its store technology, sales, and marketing teams. Learn what this means for the company's future and affected employees.

Amazon Web Services Cuts Hundreds of Jobs in Store Tech and Sales Departments ๐Ÿ’ผ
Benzinga
628 views โ€ข Apr 4, 2024
Amazon Web Services Cuts Hundreds of Jobs in Store Tech and Sales Departments ๐Ÿ’ผ

About this video

Amazon Web Services laid off hundreds of employees in its store's technology sales, and marketing divisions. The cuts affected teams working on Amazon's cashierless checkout tech, including Walk Out, Dash carts, and Amazon One palm payments. AWS moved these store teams into the cloud unit in 2022 but is now making strategic cuts as Amazon scales back some in-store applications. AWS sales growth has slowed as companies trim cloud spending high inflation and interest rates.

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Views

628

Duration

0:42

Published

Apr 4, 2024

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