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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.
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Gain exposure to emerging cloud computing, AI, and cybersecurity firms with WisdomTree Cloud Computing Fund ETF (WCLD). See ...
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Amazon has begun laying off employees in its cloud division, AWS, as it shifts focus and spending toward artificial ...
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