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Amazon Web Services cuts hundreds of jobs in sales, training, and physical stores tech group

GeekWire

GeekWire File Photo / Todd Bishop) Amazon Web Services will cut several hundred jobs in its Sales, Marketing, and Global Services organization, and a few hundred jobs on its Physical Stores Technology team, executives in the tech giant’s cloud computing division informed employees Wednesday morning in internal emails.

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Amazon downsizes AWS in a fresh cost-cutting round

CIO Business Intelligence

In a fresh round of layoffs, Amazon is laying off hundreds in the company’s cloud division, Amazon Web Services (AWS). The layoffs will affect AWS’ sales, marketing, and brick-and-mortar technology development teams. Amazon’s cloud computing division has long been a key driver of its profitability.

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After reaching $40B in revenue in record time, Amazon Web Services hints at its own reinvention

GeekWire

Amazon Web Services CEO Andy Jassy with a chart showing AWS revenue growth at the company’s virtual re:Invent conference this week. Jassy showed stats that put AWS’s share of the cloud infrastructure market at 45%, more than double its closest competitor, Microsoft Azure. Screenshot via webcast). Amazon Photo).

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Amazon stock rises as Q1 earnings top estimates with $143.3B in revenue; AWS sales up 17%

GeekWire

Amazon’s two big profit drivers, Amazon Web Services and advertising, posted year-over-year revenue growth of 17% and 24%, respectively. Amazon Web Services: Amazon’s cloud business was up 17% at $25 billion, with $9.4 Demand for generative AI tools and services is boosting business for cloud providers.

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Oracle makes its pitch for the enterprise cloud. Should CIOs listen?

CIO Business Intelligence

In a cloud market dominated by three vendors, once cloud-denier Oracle is making a push for enterprise share gains, announcing expanded offerings and customer wins across the globe, including Japan , Mexico , and the Middle East.

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Amazon earnings preview: Advertising and AWS expected to continue fueling profits

GeekWire

Analysts will be watching for continued growth in the company’s key profit drivers: advertising and cloud computing. Generative AI boosting cloud Analysts are expecting double-digit growth in Amazon Web Services. Microsoft and Google reported cloud revenue growth of 23% and 28%, respectively, last week.

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Amazon Web Services AWS – Accelerate Your Cloud Success

Galido

Amazon Web Services is an extensive, developing distributed Cloud computing stage gave by Amazon.com. Web administrations are here and there called cloud administrations or remote figuring administrations. What Is Cloud Computing. Amazon Elastic Compute Cloud Amazon EC2. Web Hosting.