Amazon's Mass Job Cuts Across Various Units

1 min read
Source: CNBC
Amazon's Mass Job Cuts Across Various Units
Photo: CNBC
TL;DR Summary

Amazon's cloud computing division, AWS, is cutting hundreds of jobs in its physical stores technology and sales and marketing units as part of a strategic shift to focus on key areas with maximum impact. The move comes as AWS has seen its sales growth decelerate, and follows a broader trend of layoffs across various units within Amazon. Employees affected by the layoffs will receive pay and benefits for at least 60 days and will be eligible for a severance package.

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