Tag: cost cuts

Here you will find all the articles with the tag: cost cuts.

Amazon faces cloud slowdown as shares gains erased

Amazon faces cloud slowdown as shares gains erased

Amazon has reported its quarterly sales and profit, which exceeded expectations. However, the company's long-standing growth in cloud services is expected to face a slowdown. The announcement had initially led to a $125 billion increase in Amazon's stock value in extended trading. However, the e... Read more

date12 months ago