• Sat. Apr 20th, 2024

Job Cuts Affecting Hundreds of Amazon Employees as Tech Giants Cut Jobs in Artificial Intelligence Sector

BySamantha Jones

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

Job cuts affecting hundreds of employees at Amazon’s cloud computing business have been announced by the company. These cuts will impact roles in sales, marketing, global services, as well as technology team positions in physical stores.

In a statement, an AWS spokesperson told the BBC that these decisions were difficult but necessary as Amazon continues to invest, hire and optimize resources to deliver innovation for its customers. However, the company also stated that it will continue to hire and grow in core areas of its business, with thousands of jobs available and efforts to find internal opportunities for affected employees.

The cuts will occur worldwide at Amazon’s operations, with most AWS roles based in 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 over 1.5 million full-time and part-time employees excluding contractors and temporary personnel.

Amazon has been focusing on artificial intelligence (AI) through its cloud computing service AWS including recent investments in safety research start-up Anthropic. Other technology giants like Microsoft have also been investing in AI capabilities. The tech sector cut a total of 168,032 jobs in 2023 which is a 73% increase compared to 2022 according to US career consultancy Challenger, Gray & Christmas.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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