Amazon cuts some jobs in cloud computing unit as layoffs continue

Core Insights - Amazon is laying off staff in its cloud computing division, AWS, as part of a strategic review and focus on priorities [2][3] - The layoffs follow a trend of cost-cutting measures initiated by Amazon CEO Andy Jassy, resulting in over 27,000 job cuts since 2022 [4] - AWS reported a 17% increase in sales to $29.27 billion in the first quarter, but this growth rate has slowed compared to previous periods [3] Group 1: Layoff Details - Amazon confirmed layoffs in AWS but did not disclose specific teams or the number of employees affected [2] - The company emphasized that the layoffs are not primarily due to AI investments but are part of ongoing workforce streamlining efforts [3] Group 2: Financial Performance - AWS experienced a third consecutive quarterly revenue miss, with sales growth slowing from 18.9% in the prior period to 17% [3] - Despite the layoffs, Amazon continues to hire within AWS, indicating a selective approach to workforce management [3] Group 3: Strategic Direction - CEO Andy Jassy has indicated that the corporate workforce may shrink further due to the adoption of generative AI, suggesting a shift in job requirements [5] - The company is focusing on transitioning employees to new roles as part of its evolving business strategy [2][5]