Amazon's Cloud Services Division Announces Layoffs
In a significant move that reverberates across the tech industry, Amazon has disclosed plans for substantial layoffs within its cloud services division
Amazon has announced it will cut more than 18,000 jobs, citing an "uncertain economy" and the fact that the retail giant has been "hiring rapidly over the past few years."
"Between the cuts we made in November and those we're sharing today, we plan to eliminate just over 18,000 positions," CEO Andy Jassy said in a statement. In November, the company announced 10,000 layoffs.
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