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Where Amazon Web Services is still hiring after cutting hundreds of jobs this week

GeekWire

Amazon’s cloud unit cut hundreds of jobs this week. GeekWire Photo / Todd Bishop) Amazon Web Services announced hundreds of job cuts this week, in areas including training, sales, and physical stores technology, but noted that it’s still hiring in core areas of its business, with thousands of jobs currently posted.

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Amazon stock rises after beating Q3 estimates with $143.1B in revenue, $9.9B in profits

GeekWire

Amazon’s logo on the front end of the Rivian electric van. GeekWire Photo / Kurt Schlosser) Amazon shares were up more than 5% in after-hours trading Thursday after the Seattle tech giant beat analyst expectations for profits and revenue for its third quarter. Amazon reported $143.1 Net income was $0.94 per share, or $9.9

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Amazon shares rise 4% as cloud and advertising power record Q4 revenue of $170B

GeekWire

Amazon’s logo on the front end of the Rivian electric van. GeekWire Photo / Kurt Schlosser) Amazon topped expectations for its holiday quarter, reporting record revenue of $169.9 Amazon shares were up more than 4% in after-hours trading. Amazon shares were up more than 4% in after-hours trading. Overall U.S.

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Amazon stock rises, then drops after beating Q1 estimates with $127.4B in revenue

GeekWire

An Amazon delivery van at the company’s headquarters in Seattle. Amazon shares were up more than 11% in after-hours trading Thursday after the Seattle tech giant topped analyst expectations for both profits and revenue. Amazon reported $127.4 Amazon’s cloud computing business reported revenue of $21.3

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AWS revenue growth stabilizes with a boost from generative AI-led services

CIO Business Intelligence

AWS posted a stable 12% revenue growth in the third quarter of 2023 buoyed by demand for generative AI-led services, despite customers trying to optimize their cloud spending. However, Amazon CEO Andy Jassy said that these cost optimization efforts have continued to “attenuate as more companies transition to deploying net new workloads.”

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Vote for CEO of the Year: These software veterans are taking on a variety of problems

GeekWire

Lian is a former associate at Madrona Venture Group and senior product marketing manager at Amazon Web Services. Finalists in this category and others were selected based on community nominations, along with input from GeekWire Awards judges. Common Room was the 2022 GeekWire Awards Startup of the Year.

Software 101
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Amazon reports $149B in revenue for holiday quarter, beating estimates, but shares fall 6%

GeekWire

An Amazon electric delivery van in Seattle’s Ballard neighborhood on Saturday. GeekWire Photo / Kurt Schlosser) Amazon beat revenue expectations for its fourth quarter as the company continues to navigate various headwinds. Amazon warned in October that companies were cutting their cloud spend and said that continued in Q4.

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