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Amazon Web Services

Amazon Web Services (AWS) is Amazon’s cloud computing division, which was impacted by a 16,000‑position layoff announced on January 28, 2026. On October 28, 2026, Amazon reported higher revenue and earnings per share than expected, with strong growth from both e‑commerce and cloud computing segments driving a sharp rise in its stock price.

4 stories·Updated

What to know

  • Amazon reported higher revenue and earnings per share than expected, driving a sharp rise in its stock price. Oct 28
  • The company highlighted strong growth from e‑commerce and cloud computing segments. Oct 28
  • Amazon will cut 16,000 corporate positions as part of Project Dawn. Jan 28
  • The plan was disclosed early when a draft email from AWS senior VP Colleen Aubrey was sent by mistake. Jan 28
  • Amazon will eliminate 16,000 corporate positions in its latest layoff round. Jan 28

Timeline

  1. Oct 28, 2026
  2. Jan 28, 2026
  3. Jan 28, 2026
  4. Jan 28, 2026