SAN FRANCISCO, July 17 (Reuters) - Amazon (AMZN.O), opens new tab cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO ...

Amazon said on April 3, 2024, it's cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift.

Still, shares fell as much as 8% in premarket trading after Amazon's guidance for operating income at its AWS cloud computing unit came in at $15.5 billion to $20.5 billion for the third quarter.

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