<ul><li>Amazon CEO Andy Jassy said that the decision to eliminate 27,000 corporate roles was difficult and the company will continue to evaluate their business.</li><li>Amazon reported a strong March quarter result with worldwide net sales of $127.4 billion, up 9% YoY, and $3.2 billion in overall net income.</li><li>The company saw a surge in its advertising services revenue with a 23% YoY increase.</li><li>The new round of Amazon layoffs has reportedly started in the Cloud Services division, with employees in the US, Costa Rica, and Canada being notified of their job terminations.</li></ul>

We'll continue to evaluate what we're seeing in our business: Amazon CEO on layoffs

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