Amazon is cutting jobs in its cloud computing division, AWS, to streamline operations and focus on growth areas. While the number of roles eliminated was not disclosed, layoffs impacted groups like frontline support and training. U.S.-based staff will receive pay and benefits for at least 60 days. AWS reported a third consecutive quarterly revenue slowdown, with first-quarter sales up 17% to $29.3 billion. CEO Andy Jassy warned that advances in AI could lead to more automation. The cuts are part of a strategy to optimize resources and invest in high-priority areas while maintaining leadership in the cloud market.

Read more at Nasdaq.: Amazon Cuts Jobs At AWS Amid Strategic Restructuring And Growth Slowdown