Hundreds of people will go to the streets. The giant has already made a decision – o2.pl

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Amazon announces another job reduction at its subsidiary. According to the BBC, it is a cloud computing company. The layoffs will affect employees around the world. Up to several hundred people are expected to lose their positions.

Amazon is an American e-commerce giant

, which runs one of the largest online stores in the world. The company distributes and sells online products, offers cloud business services and loyalty programs.

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The company was founded in 1994 in Seattle by Jeff Bezos

, which is currently one of the richest in the world. It has been operating in Poland for ten years.

In January, Money.pl reported layoffs at Amazon

. People employed in subsidiaries – Twitch, Prime Video and MGM studios – were to lose their jobs.

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More layoffs at Amazon

According to the BBC, this time it is about Amazon Web Services.

It is a subsidiary company that provides a cloud platform and a hosting website to the public. According to financial reports, AWS represents 14% of Amazon’s total revenue. Through AWS, the company is focusing on artificial intelligence by investing in a security and research startup.

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The latest layoffs concern several hundred sales positions,

marketing and global services, and several hundred positions in the physical store technology team. The cuts will affect Amazon branches around the world, although most of the positions will be lost by those employed in the company’s hometown – Seattle.

The company said workers employed in the U.S. will receive pay and benefits for at least 60 days

, assistance in finding another job and access to transitional health services. They will also be entitled to a retirement severance pay.

According to the BBC, Amazon at the end of 2023

employed over 1.5 million workers, and last year alone, over 160,000 workers were laid off in the technology sector.

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