The Top Executives Who Left AWS This Year

Hello, and welcome back to CRN's newsletter on the latest news and insights impacting the channel and technology industry over the past week.

In this edition, we take a look at the top executives who left Amazon Web Services this year, the biggest tech company layoffs so far in 2023, the businesses Intel has exited under CEO Pat Gelsinger and more.

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5 Top AWS Executives Who Resigned, Departed In 2023

Amazon Web Services has witnessed the exit of several longtime and important executives in 2023, including a president, vice presidents and former professional services leaders, who helped shape the company into what it is today.

Chris Vonderhaar, who was critical in leading AWS' massive multibillion-dollar data center business for over a decade, was among those who left.

Although AWS isn't growing sales as quickly as it has in previous years, it remains the worldwide leader in cloud computing, owning roughly one-third of the global cloud market.

In March, AWS parent company Amazon unveiled a new round of 9,000 layoffs inside the company, which would more significantly impact some AWS employees than the job cuts announced at the beginning of the year.

These are the top five AWS executives who left the company this year.

Related:

• Amazon’s 6 Top Compensated Execs; AWS CEO Tops $41M (Read)
• AWS Director, Sales Leader Jumps To Innovative Solutions (Read)

The 10 Biggest Tech Company Layoffs Of 2023 (So Far)

An inevitable phrase repeated during?tech companies' quarterly financial analyst conference calls this year has been "macroeconomic headwinds." It's become a catch-all term for referring to customer purchasing slowdowns, a possible recession and geopolitical issues.

The impact from macroeconomic headwinds is often cited as a key reason for a business slowdown and, increasingly, for layoffs.

As of late June, 810 tech companies have laid off over 210,000 employees, according to online layoff tracker layoffs.fyi. By comparison, 1,058 tech companies laid off just shy of 165,000 employees in all of 2022.

CRN has also been tracking tech layoffs this year. This report looks at the 10 biggest tech layoffs so far in 2023. Six of the 10 companies unveiled their layoffs in January. Many of the layoffs were accompanied by plans to downsize real estate or make other reductions in expenses.

7 Businesses Exited By Intel Under CEO Pat Gelsinger

Intel CEO Pat Gelsinger has been on a mission to make the company the lead chip manufacturer in the world once again, and for the semiconductor veteran, that has meant an intense focus on its core but evolving chip-making business at the expense of several adjacent businesses.

After he was appointed CEO in early 2021, it didn't take long for Gelsinger to decide that Intel needed to offload some of its smaller businesses so that the company could invest greater resources into its evolving chip manufacturing strategy, known as IDM 2.0.

Combined with a massive cost-cutting plan that began in late 2022 due to a major downturn in business, Intel has exited several businesses under Gelsinger's leadership. (One of those businesses, Intel RealSense, continues to live on, albeit with a smaller portfolio of products, despite the company saying in 2021 that it was "winding down" the division.)

Here's a look at six businesses Intel has exited along with one that has a questionable future at best. These businesses had a diverse range of focuses: live sports, drones, memory, network switches, cellular connectivity for PCs, servers and cryptocurrency mining.

Elsewhere In CRN

Check out some of CRN's other best-read stories on channel-related news over the past week:

• 30 Notable IT Executive Moves: June 2023 (Read)
• Report: 2022 Microsoft Azure Revenue Less Than Estimated, Half That Of AWS (Read)
• Microsoft Increases Penalties For Partner Violations (Read)

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