The cuts will primarily come from its AWS, PXT, advertising and Twitch organizations. However, in March Amazon disclosed it will be cutting a total of 9,000 employees by the end of April. CRN learned at the time that AWS would not be greatly affected by that round of layoffs. In January, Amazon also said it would lay off 18,000 employees.
Some of the biggest news announcements from Amazon and AWS this year include a pair of large employee layoff rounds. “Amazon would be a different company if we’d slowed investment in AWS during that 2008-2009 period,” Jassy said in his letter to shareholders. He was critical to the formation and growth of AWS for decades until he took over the reins at parent company Amazon in 2021. … Let’s just say that LLMs and generative AI are going to be a big deal for customers, our shareholders, and Amazon.” Andy Jassy, Amazon Layoffsīefore jumping into Jassy’s boldest statements to shareholders around his vision for AWS and the future, it’s key to note that Jassy was AWS’ longtime CEO. “We have been working on our own LLMs for a while now, believe it will transform and improve virtually every customer experience, and will continue to invest substantially in these models across all of our consumer, seller, brand, and creator experiences. “A newer form of machine learning, called generative AI, has burst onto the scene and promises to significantly accelerate machine learning adoption,” said Amazon’s CEO. Jassy also discusses AWS’ Graviton CPU processors and the company’s vision for generative artificial intelligence. “Many of these AWS customers tell us that they’re not cost-cutting as much as cost-optimizing so they can take their resources and apply them to emerging and inventive new customer experiences they’re planning,” said Jassy in a letter to Amazon shareholders filed Thursday with the U.S.
From AWS facing “short-term headwinds” to customers looking at “cost-optimizing” versus cutting cloud costs, Amazon CEO Andy Jassy has some very bold statements regarding his vision for Amazon Web Services.
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