Amazon's Cloud Eyes More Staff in 2023, Remain Invested In More Data Centers - Amazon.com (NASDAQ:AMZN)

Amazon.com Inc’s AMZN cloud unit plans to add employees next year and keep building new data centers.
Matt Garman, a senior vice president overseeing Amazon Web Services sales and marketing teams, said he expected his organization and the wider AWS business to add staff in 2023, Bloomberg reports.
“I anticipate that we actually will add some more headcount next year,” Garman said in an interview on the sidelines of AWS’s re: Invent conference in Las Vegas. “Our business is still growing rapidly.”
Also Read: Google Cloud Managers Likely To Be Hit By Pay Cuts As Deal Growth Dries Up
Amazon instituted hiring curbs across corporate groups, pausing recruiting except in certain areas or with executive approval.
The company also plans to cut about 10,000 jobs.
Sales in Amazon’s cloud unit, the largest provider of rented data storage and computing power, totaled $20.5 billion during the three months that ended in September, up 27%.
AWS has long been a profit engine, sometimes accounting for the parent company’s operating income.
But as growth in that business moderates, some have questioned the pace of Amazon’s investment in the cloud.
“We’ll moderate our data center growth when the demand moderates,” Garman said in the interview. “We have a lot of supply chain models that tell us to keep building data centers, so we’re gonna keep building them.”
Price Action: AMZN shares traded higher by 0.35% at $92.74 premarket on the last check Wednesday.
Photo by Tony Webster via Flickr

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