SINGAPORE – Amazon started laying off employees in its cloud services division on Wednesday as part of a retrenchment exercise that is expected to affect 9,000 employees, and those from the Singapore office were not spared. Read more at straitstimes.com.
SINGAPORE – Amazon started laying off employees in its cloud services division on Wednesday as part of a retrenchment exercise that is expected to affect 9,000 employees, and those from the Singapore office were not spared.
In an internal note addressed to employees and seen by The Straits Times, AWS chief executive Adam Selipsky said the division began notifying those who have been laid off on Wednesday. AWS is the firm’s most profitable division but is experiencing slowing growth as corporate customers reel in on spending. Like much of Amazon, the unit expanded its headcount rapidly during the pandemic due to high demand for digital services at the time.
“In many cases, this means team members are shifting the projects, initiatives or teams on which they work; however, in other cases it has resulted in these role eliminations,” he said.
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