AWS CEO warns of some potential big changes this year

Amazon Web Services CEO Andy Jassy

In his second letter (opens in new tab) to shareholders as CEO, Amazon’s Andy Jassy has supplied an perception into what the longer term seems like for its Amazon Internet Companies (AWS) arm because the world continues to shift digitally.

Jassy likens the current financial difficulties to these of the 2008-2009 recession, and the 2001 interval that preceded it. Every of these thrice, the corporate has needed to re-evaluate its numerous operations and subdivisions and there was one constant all through: buyer relationships.