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Amazon's cloud computing business cuts hundreds of jobs
Amazon’s most recent earnings report saw its cloud department bring in $29.3 billion in Q1 2025, up 17 percent year over year. The job cuts at AWS follow reports that Microsoft was laying off around 9,000 employees in the latest layoff round, following around 6,000 job cuts in May 2025.
Aggressive spending on artificial intelligence is mostly being rewarded in the stock market these days. But when it comes to ...
While best known for its e-commerce operations, Amazon basically invented the cloud computing industry due to its own struggles trying to scale up its infrastructure. Today, Amazo ...
Analysis: Amazon, as an online retailer, may seem like an unlikely company to get into cloud computing, a sector that's attracting the likes of IBM, Oracle, Google and others. However, Amazon ...
Zacks Investment Research on MSN6d
IBM vs. Amazon: Which Cloud Infrastructure Stock Offers More Upside?International Business Machines Corporation IBM and Amazon.com, Inc. AMZN are leading players in the global cloud computing ...
Amazon's stock has been a monster winner since the company’s IPO in 1997. It would take some time to find a business that has ...
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