Amazon Web Services represents 14% of the firm's overall revenue but the firm is shifting strategies...
Technology giant Amazon has announced job cuts affecting hundreds of staff at its cloud computing business.
Amazon Web Services has been growing and now represents 14% of Amazon's total revenue, according to its latest financial report.
The company has been shifting its strategy with physical stores, Amazon Fresh, which were launched in 2020.On Tuesday, it said it would remove its self-checkout system called Just Walk Out from all the stores.
Amazon said the cuts will be at its operations around the world, though the majority of AWS roles are in its home city Seattle.
As of the end of last year Amazon had a total of more than 1.5 million full-time and part-time employees, excluding contractors and temporary personnel.
Amazon has been focusing on artificial intelligence through AWS, including investing in safety and research start-up, Anthropic, last month.
In January, Amazon axed hundreds of jobs across its subsidiaries Twitch, Prime Video and MGM studios.
According to US career consultancy Challenger, Gray & Christmas, the tech sector cut 168,032 jobs in 2023 - up 73% compared to 2022.
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