Amazon CEO Andy Jassy says the parent firm of the world's largest cloud service provider will likely slow the rate at which it's hiring staff, while noting he has no plans to force current workers to return to the office.the Code Conference in Los Angeles last night:"We don't have a plan to require people to come back... But we're going to proceed adaptively as we learn.
He went on to add:"I would note that we're still up 188,000 year over year and nearly double the headcount of what we had heading into the pandemic in early 2020.... Right now, we see a stabilization in the workforce." The move to pull back on committing to office space and reported moves to shed warehouse space come against the backdrop of historicthat has affected consumer purchasing decisions, impacting Amazon's core e-commerce business.
The group is coming off a high of two years of record pandemic profits as locked-in householders turned to online shopping. However, in its most recent numbers,, it reported a $2 billion net loss. The cloud division continued to do well, growing revenue 33 per cent to $19.73 billion and reporting operating profit of $5.715 billion, up more than 36 percent.
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