Amazon cuts some jobs in cloud computing unit as layoffs continue
1. Amazon lays off staff in AWS as part of organizational restructuring. 2. The decision is not based on AI investments but on prioritizing efficiency. 3. AWS reported 17% revenue growth, yet missed expectations for three quarters. 4. CEO Jassy signals potential for further corporate workforce reductions due to AI. 5. Job cuts follow over 27,000 layoffs since 2022 across various divisions.