Amazon Web Services Slashes Hundreds of Jobs in Store Technology and Sales Divisions from ullu kooku web series Watch Video

⏲ Duration: 0:42
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✓ Published: 05-Apr-2024

Description:
Amazon Web Services laid off hundreds of employees in its store's technology sales, and marketing divisions. The cuts affected teams working on Amazon's cashierless checkout tech, including Walk Out, Dash carts, and Amazon One palm payments. AWS moved these store teams into the cloud unit in 2022 but is now making strategic cuts as Amazon scales back some in-store applications. AWS sales growth has slowed as companies trim cloud spending high inflation and interest rates.