Amazon begins mass layoffs in the US Know Twitter Meta Microsoft Google Status Latest Updates

Amazon begins mass layoffs in the US Know Twitter Meta Microsoft Google Status Latest Updates



Amazon begins mass layoffs in the US Know Twitter Meta Microsoft Google Status Latest Updates

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US tech and e-commerce giant Amazon has started cutting spending amid a growing economic downturn. In view of this, the company began the process of laying off the jobs. Meanwhile, Dave Limp, the company’s material manager, wrote a letter to workers on Wednesday. He said that after conducting several rounds of reviews, we recently decided to revamp some teams and programs. One of the results of these decisions is that certain roles will no longer be necessary.He said that I am very sad to announce this news. We know we will lose a talented Amazonian from Devices and Services Org as a result of this. The company informed the affected employees. We will continue to work closely with each individual to provide additional support, including helping them find new roles.

Earlier, news agency ANI cited the New York Times (NYT) report that the company may lay off 10,000 employees as soon as possible. If the total number of layoffs stays around 10,000, it will be the biggest layoff in Amazon’s history. However, this represents less than one percent of the company’s workforce, as Amazon employs more than 1.6 million people worldwide. The job cuts would be focused on Amazon’s devices unit, which includes voice assistant Alexa, and its retail and human resources divisions, according to the report.

Layoffs on Twitter, Meta and Microsoft too
Amazon’s growth slowed to the lowest rate in two decades after experiencing the most profitable period on record during the years of the COVID-19 pandemic, according to the report. There has been a surge in online shopping by consumers during the pandemic. After Twitter, Meta and Microsoft, Amazon has become the latest tech company to drastically cut its workforce to deal with a possible economic downturn. Last week, Elon Musk cut his workforce by almost 50% after reaching the Twitter deal. Facebook parent company Meta also laid off 11,000 workers to cut costs.

News of layoffs at Google too
Activist investor TCI Fund Management has asked Alphabet, Google’s parent company, to cut its workforce to cut costs. The investor, who has had a six billion stake in Alphabet since 2017, told the company the company had too many employees and the cost per employee was too high.

Expansion

US tech and e-commerce giant Amazon has started cutting spending amid a growing economic downturn. In view of this, the company began the process of laying off the jobs. Meanwhile, Dave Limp, the company’s material manager, wrote a letter to workers on Wednesday. He said that after conducting several rounds of reviews, we recently decided to revamp some teams and programs. One of the results of these decisions is that certain roles will no longer be needed.

He said that I am very sad to announce this news. We know we will lose a talented Amazonian from Devices and Services Org as a result of this. The company informed the affected employees. We will continue to work closely with each individual to provide additional support, including helping them find new roles.



Earlier, news agency ANI cited the New York Times (NYT) report that the company may lay off 10,000 employees as soon as possible. If the total number of layoffs stays around 10,000, it will be the biggest layoff in Amazon’s history. However, this represents less than one percent of the company’s workforce, as Amazon employs more than 1.6 million people worldwide. The job cuts would be focused on Amazon’s devices unit, which includes voice assistant Alexa, and its retail and human resources divisions, according to the report.

Layoffs on Twitter, Meta and Microsoft too

Amazon’s growth slowed to the lowest rate in two decades after experiencing the most profitable period on record during the years of the COVID-19 pandemic, according to the report. There has been a surge in online shopping by consumers during the pandemic. After Twitter, Meta and Microsoft, Amazon has become the latest tech company to drastically cut its workforce to deal with a possible economic downturn. Last week, Elon Musk cut his workforce by almost 50% after reaching the Twitter deal. Facebook’s parent company, Meta, also laid off 11,000 workers to cut costs.

News of layoffs at Google too

Activist investor TCI Fund Management has asked Alphabet, Google’s parent company, to cut its workforce to cut costs. The investor, who has had a six billion stake in Alphabet since 2017, told the company the company had too many employees and the cost per employee was too high.

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Amazon begins mass layoffs in the US Know Twitter Meta Microsoft Google Status Latest Updates

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