Amazon Web Services Announces Massive Layoffs in Tech and Sales Departments

Amazon Web Services has laid off several hundred sales, marketing, and tech roles as part of a broader reorganization, impacting divisions including its physical stores technology team. This move follows a series of job cuts by Amazon.com in various divisions, with over 57,000 workers laid off across 229 firms so far this year. Despite a slowdown in growth last year, Amazon's cloud business has shown signs of stabilization, but faces competition from Microsoft in the cloud computing market.