Amazon CEO letter: 27K layoffs, AWS $85B run rate, fulfillment overhaul

AMAZON COM INC

Eliminated 27,000 corporate roles; returning to in-office at least three days a week starting May 2023.
AWS annualized revenue run rate of $85B in 2022, growing 29% YoY; launched new chips Graviton3, Trainium, Inferentia2.
Advertising revenue reached $31B in 2022, up 25% YoY; launched Amazon Marketing Cloud clean room.
Completed regionalization of US fulfillment network into eight regions, aiming for fastest Prime delivery speeds ever in 2023.
Amazon Business achieved $35B annualized gross sales; Buy with Prime increased shopper conversion 25% on average.

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