[Bigiron]

Amazon Web Services lays off several hundred tech and sales staff https://www.channelnewsasia.com/business...eb-4240361

[Blasterlord2]

Even the biggest cloud service provider in the world has to lay off employees. Means economy not good.

[Ola]

PAP & Jac Lau must be celebrating together again

Hope that the local Banks can start to retrench this year

[sgh]

They layoff will make their financials look good? So AMZN share price can go up?

[watchfirst9]

straitstimes.com/business/ai-driving-more-layoffs-than-companies-want-to-admit
AI driving more layoffs than companies want to admit
9 Feb 2024 ... AI driving more layoffs than companies want to admit ... NEW YORK - United Parcel Service's largest layoffs in its 116-year history were mad

finance.yahoo.com/news/tech-layoffs-because-ai-corporate-194449094.html
All the tech layoffs are because AI is like 'corporate Ozempic'
29 Feb 2024 ... All the tech layoffs are because AI is like 'corporate Ozempic'—it trims the fat and you keep the fact you're using it a secret, says marketing ...

After investments in AI, corp needs returns.