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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 197.94

-0.2%

Mar 14 3:59 PM EDT

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From: Sr K	4/3/2024 5:11:58 PM
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After the close today TECHNOLOGY Amazon Cuts Hundreds of Jobs in Cloud-Computing Business Layoffs at AWS will impact teams such as sales, marketing and global services By Talal Ansari and Sebastian Herrera Updated April 3, 2024 4:15 pm ET Listen (3 min) Amazon has worked to promote its AI efforts, which it has largely done through Amazon Web Services. PHOTO: NOAH BERGER/AWS/REUTERS Amazon.com is slashing hundreds of jobs from its cloud-computing business, the tech giant’s latest round of layoffs as it aims to cut costs. Amazon Web Services said it planned to eliminate several hundred jobs in sales, marketing and global services. It said it would cut hundreds more from its physical stores technology team, which focuses on the systems underlying the company’s cashierless checkout programs. Exc.

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