When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy announcing the cloud division would be included into today’s round. TechCrunch is hearing that around 10% of today’s total came from AWS. The company would not confirm those numbers, instead referring to Jassy's memo to employees that was published this morning as the gist of its statement.
Wall Street largely sees positive signs while digesting the historic deal.
The turmoil in the banking industry continues to weigh on oil prices.
As concerns over a looming banking crisis weigh on the minds of investors, one economist says the ultimate outcome will depend on three major questions.
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