Amazon unfreezes some hiring to expand its datacenter footprint
Less than a month after Amazon froze hiring amid worsening economic conditions, execs are preparing to accept job applications within its public cloud business again to expand its datacenter footprint.with Bloomberg, Mark Garman, SVP of sales and marketing for AWS, said he expected to begin adding staff starting next year, and denied any plans to reduce spending on new datacenters and infrastructure. He said the cloud biz would moderate its datacenter expansion in line with demand.
The macroeconomic forces in question appear to be in reference to slowing revenues across the company's e-commerce and cloud businesses. This was a central point of discussion during the company'scall. Amazon is still making money, just not as quickly as it, or investors, would like. Looking to the holiday quarter, executives forecast revenue growth of just 2-8 percent year over year, with slowdowns for its cloud business. Higher energy costs and declining customer demand were also cited as key drivers for the slowdown.
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