Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000
1 year, 9 months ago

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

Associated Press  

NEW YORK — Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January. In the memo, Jassy said the second phase of the company’s annual planning process completed this month led to the additional job cuts. The job cuts announced Monday will hit profitable areas for the company including its cloud computing unit AWS and its burgeoning advertising business. Twitch, the gaming platform Amazon owns, will https://apnews.com/video/putin-politics-russia-government-accidents-xi-jinping-7d12750354af4852a1ac186138dbc20c Prior layoffs had also hit PXT, the company’s stores division, which encompasses its e-commerce business as well as company’s brick-and-mortar stores such as Amazon Fresh and Amazon Go, and other departments such as the one that runs the virtual assistant Alexa.

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History of this topic

Majority of AWS Workforce Ready for Return to Office, CEO Says
1 month, 3 weeks ago

Majority of AWS Workforce Ready for Return to Office, CEO Says

ABP News  

Amazon CEO Matt Garman addresses concerns over employee departures due to the upcoming five-day return-to-office policy. While he acknowledges that some employees may leave, he emphasizes the majority's enthusiasm for the transition back to the workplace. Garman highlights the importance of in-person collaboration and the advantages of in-office interactions, such as spontaneous conversations and in-person collaboration. He also addresses concerns …

Amazon reports boost in quarterly profits but misses revenue estimates
4 months, 3 weeks ago

Amazon reports boost in quarterly profits but misses revenue estimates

The Hindu  

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. Amazon also said it expects revenue for the current quarter, which ends September 30, to be between $154 billion and $158.5 billion — lower than the $158.22 billion forecast by analysts. The company said Thursday that Amazon Web …

Amazon reports boost in quarterly profits but misses revenue estimates
4 months, 3 weeks ago

Amazon reports boost in quarterly profits but misses revenue estimates

Associated Press  

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. Amazon also said it expects revenue for the current quarter, which ends Sept. 30, to be between $154 billion and $158.5 billion — lower than the $158.22 billion forecast by analysts. The company said Thursday that Amazon Web …

Tech layoffs this week: Byju’s, Apple, Amazon cut jobs citing downsizing, shifts. More companies to follow?
8 months, 2 weeks ago

Tech layoffs this week: Byju’s, Apple, Amazon cut jobs citing downsizing, shifts. More companies to follow?

Hindustan Times  

Tech layoffs 2024: The tech industry saw more layoffs this week as companies are sacking employees across departments. The big companies that fired employees include Amazon, Apple and Byju’s who cited strategic shifts and downsizing as the reason for job cuts in the industry. As per Layoffs.fyi, 235 companies have laid off 57,785 employees in 2024 as in January, 121 …

Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts
8 months, 2 weeks ago

Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts

The Hindu  

Apple is laying off more than 600 workers in California, marking the company's first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. The iPhone maker notified 614 workers in multiple offices on March 28 that they were losing their jobs, with the layoffs becoming effective on May 27, according to reports to regional authorities. …

Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts
8 months, 2 weeks ago

Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts

Associated Press  

Apple is laying off more than 600 workers in California, marking the company’s first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation. The iPhone maker notified 614 workers in multiple offices on March 28 that they were losing their jobs, with the layoffs becoming effective on May 27, according to reports to regional authorities. …

Amazon's cloud computing arm announces hundreds of job cuts across divisions
8 months, 3 weeks ago

Amazon's cloud computing arm announces hundreds of job cuts across divisions

Hindustan Times  

Amazon on Wednesday announced that its Web Services division has cut several hundred sales, marketing and tech roles. The e-commerce giant has laid off hundreds of employees in several divisions including the Prime Video service, healthcare and Alexa voice assistance unit, joining several big tech giants who extended massive job cuts over the past two years, the Reuters report added. …

Amazon is cutting hundreds of jobs in its cloud computing unit AWS
8 months, 3 weeks ago

Amazon is cutting hundreds of jobs in its cloud computing unit AWS

Associated Press  

Amazon said Wednesday it’s cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift. The company will trim “a few hundred roles” in the team that overlooks technology for physical stores, a move that comes just a day after Amazon said it was ditching Just Walk Out technology in its U.S. grocery stores. In …

Job cuts across tech companies are likely to continue
10 months ago

Job cuts across tech companies are likely to continue

Hindustan Times  

The trend of slashing jobs across businesses over the past few years is catching up with the automation and digitalisation trends. In January 2024, companies in the U.S. announced 82,307 job cuts, an increase of 136% from the 34,817 cuts announced the previous month, according to the global outplacement firm Challenger, Gray & Christmas. The Challenger report for January states …

eBay laying off 1000 employees after heavy hiring in pandemic
11 months ago

eBay laying off 1000 employees after heavy hiring in pandemic

India Today  

E-commerce giant eBay has followed the footsteps of Google, Amazon, Meta, and other tech companies in cutting down its workforce to reduce costs. The company announced in an email to its staff that it would lay off about 1,000 employees, which accounted for 9 per cent of its full-time workforce. But that’s not it as the company is planning more …

Amazon announces layoffs in ‘Buy with Prime’ unit after 500 job cuts in Twitch, Audible
11 months ago

Amazon announces layoffs in ‘Buy with Prime’ unit after 500 job cuts in Twitch, Audible

Hindustan Times  

Continuing the string of layoffs in big tech companies, Amazon has announced that it has cut 5 percent of all jobs in the 'Buy with Prime' department of the company, reported Reuters. The tech giant's audiobook unit Audible also saw hundreds of job cuts in just the first couple of weeks of this year. This comes after a recent report …

Jobs: Amazon cuts 5% workforce of Buy with Prime unit
11 months ago

Jobs: Amazon cuts 5% workforce of Buy with Prime unit

Live Mint  

Tech giant Amazon on January 18 said it is reducing its workforce at its Buy with Prime unit and cutting 5 percent of jobs in the service, as per a Reuters report. Despite the job cuts, Amazon said the unit remains a top priority, with a commitment to "continue investing significant resources". Broader Workforce Adjustments This announcement follows Amazon's recent …

Google, Amazon job slashes: Impact on hundreds across various departments
11 months, 1 week ago

Google, Amazon job slashes: Impact on hundreds across various departments

India TV News  

According to recent reports, both Google and Amazon are cutting down their workforce by letting go of hundreds of employees. Meanwhile, Google has confirmed that it has cut several hundred jobs across its hardware, core engineering, and Google Assistant teams. Mike Hopkins, Senior Vice President of the division, announced the cuts in an email on Wednesday, saying that the reason …

Amazon’s Twitch cuts more than 500 jobs attempting to turn expensive platform profitable
11 months, 2 weeks ago

Amazon’s Twitch cuts more than 500 jobs attempting to turn expensive platform profitable

Associated Press  

Twitch, the video game streaming platform acquired by Amazon a decade ago for close to $1 billion, is laying off more than 500 employees as the company tries to turn the tremendously expensive division profitable. Twitch CEO Dan Clancy in an email to employees said that even with cost cuts and growing efficiency, the platform “is still meaningfully larger than …

Amazon to lay off several hundred staff in Prime Video, Studios departments
11 months, 2 weeks ago

Amazon to lay off several hundred staff in Prime Video, Studios departments

Hindustan Times  

Amazon.com will lay off several hundred employees in its streaming and studio operations, it said in an internal note on Wednesday as companies extend their massive job cuts over the past two years into 2024. The Amazon Prime Video streaming app is seen The staff facing exit at Prime Video and Amazon MGM Studios in the Americas will be informed …

Amazon Layoffs: Tech giant lays off 35 per cent of Twitch staff, over 500 people rendered jobless
11 months, 2 weeks ago

Amazon Layoffs: Tech giant lays off 35 per cent of Twitch staff, over 500 people rendered jobless

Firstpost  

Twitch, Amazon’s live streaming platform, is reportedly set to reduce its workforce by 35 per cent, affecting around 500 employees, as part of a series of job cuts. Twitch, supporting a massive website with 1.8 billion hours of monthly live video content, faces significant expenses despite leveraging Amazon’s infrastructure. The platform experienced executive turnover in late 2023, including the departure …

Amazon MGM Studios and Prime Video cut hundreds of jobs
11 months, 2 weeks ago

Amazon MGM Studios and Prime Video cut hundreds of jobs

LA Times  

Writers Guild of America members walk the picket line on the first day of their strike in front of Amazon studios in Culver City. Amazon on Wednesday said it would cut several hundred jobs at Prime Video and Amazon MGM Studios, after a review of its business in the past year. ” e’ve identified opportunities to reduce or discontinue investments …

Amazon cuts jobs in games unit, part of broader restructuring
1 year, 1 month ago

Amazon cuts jobs in games unit, part of broader restructuring

The Hindu  

Amazon.com has cut around 180 jobs in its games division, at least the second round of cuts in under a week, as part of a broader restructuring, according to an email viewed on Monday by Reuters. "After our initial restructuring in April, it became clear that we needed to focus our resources even more on the areas that are growing …

Amazon announces another round of job cuts, lays off 180 employees from gaming division
1 year, 1 month ago

Amazon announces another round of job cuts, lays off 180 employees from gaming division

India Today  

Amazon is laying off approximately 180 employees from its gaming division in the latest round of job cuts. In an internal memo shared with employees, Amazon cited that the job cuts are a strategic move to further concentrate on restructuring efforts to focus on areas with the highest potential for growth. In the official email sent to staffers on Monday …

Google, Amazon, and others continue layoffs, more employees lose jobs in festive season
1 year, 1 month ago

Google, Amazon, and others continue layoffs, more employees lose jobs in festive season

India Today  

Despite the approaching end of 2023, the tech industry's layoffs show no signs of stopping. The gloom of layoffs continues even during the festive season, with major players like Google, Amazon, Snap, and others recently announcing fresh rounds of job cuts. The latest rounds of layoffs reportedly affected employees across roles in product management, consumer services, and engineering, creating ripples …

Amazon eliminates jobs in music division in new round of cuts
1 year, 1 month ago

Amazon eliminates jobs in music division in new round of cuts

Live Mint  

Amazon.com Inc. is cutting jobs in its music division, which encompasses the retail giant’s audio streaming platform and digital storefront for songs, as Chief Executive Officer Andy Jassy continues to reduce expenses throughout the company. The jobs targeted are in Amazon Music’s editorial and audio content team, said people familiar with the matter, who asked not to be named because …

Amazon employee gets fired after 12 years of service, says he is leaving a place he called home
1 year, 2 months ago

Amazon employee gets fired after 12 years of service, says he is leaving a place he called home

India Today  

Be it a new employee who just started working or a senior with several years of experience, nobody has been safe from the layoffs wave that took over the tech world earlier this year. Major IT giants like Amazon, Meta, Twitter, Google and Microsoft, amongst others, collectively fired thousands of employees across the globe, impacting many lives. An Amazon employee, …

Amazon chief Andy Jassy warns reluctant employees to work from office thrice a week
1 year, 3 months ago

Amazon chief Andy Jassy warns reluctant employees to work from office thrice a week

The Hindu  

Amazon chief Andy Jassy has ordered reluctant employees to come work from office, saying that staff would work on-site at least three days a week and that the situation would likely not “work out” for employees who could not commit to the decision even if they disagreed with it. In a blog post on February 17, Jassy had said Amazon …

Amazon CEO says ‘it’s probably not going to work out’ for employees who defy return-to-office policy
1 year, 3 months ago

Amazon CEO says ‘it’s probably not going to work out’ for employees who defy return-to-office policy

Associated Press  

NEW YORK — Amazon employees have been pushing back against the company’s return-to-office policy for months — and it seems CEO Andy Jassy has had enough. The phrase “disagree and commit” is one of Amazon’s leadership principles, and was used often by the company’s founder and current executive chairman, Jeff Bezos. “If you can’t disagree and commit, it’s probably not …

Amazon shares surge 8% as e-commerce and cloud-computing thrive
1 year, 4 months ago

Amazon shares surge 8% as e-commerce and cloud-computing thrive

Hindustan Times  

Amazon.com closed up more than 8% on Friday on signs that its growth engines, e-commerce and cloud-computing, were faring well in an uncertain economy, helping shield the broader market from Apple's 4.8% slide after gloomy iPhone sales. READ HERE: Hurt by iPhone demand slump, Apple faces longest sales drop in decades The better-than-expected performance of Amazon's cloud business in the …

Amazon cuts jobs in its Fresh Grocery stores as it aims to rein in costs
1 year, 4 months ago

Amazon cuts jobs in its Fresh Grocery stores as it aims to rein in costs

Associated Press  

NEW YORK — Amazon is cutting jobs in its Fresh Grocery stores as part of a restructuring plan in the U.S. “Like any retailer, we periodically assess our stores’ organizational needs and make decisions to increase efficiencies for our employees and deliver customer value,” Amazon spokesperson Jessica Martin said in a prepared statement. Amazon operates 44 Fresh grocery stores across …

Staff at Meta, Etsy and more get bumper pay rises in 2022 despite cost of living crisis and layoffs
1 year, 6 months ago

Staff at Meta, Etsy and more get bumper pay rises in 2022 despite cost of living crisis and layoffs

Daily Mail  

A slew of tech companies have announced cost-cutting measures, with Amazon, Apple and Google-parent Alphabet all announcing hiring slowdowns or freezes. Twitter laid off half its workforce across teams ranging from communications and content curation to product and engineering Musk previously said there was no other choice but to impose mass layoffs as the company loses hundreds of millions of …

Layoffs in US: Of over 80,000 job cuts in May, 3900 fired due to AI technology
1 year, 6 months ago

Layoffs in US: Of over 80,000 job cuts in May, 3900 fired due to AI technology

Live Mint  

US companies have announced startling job cuts in May this year, beating the record of 2022, according to executive coaching firm Challenger, Gray & Christmas Inc. US-based employers announced 80,089 job cuts in May as compared to 20,712 layoffs in the same month last year--a massive 287% rise. So far this year, companies have announced plans to cut 417,000 jobs--a …

Amazon Workers Walk Out Over Layoffs and Broken Climate Promises
54 years, 11 months ago

Amazon Workers Walk Out Over Layoffs and Broken Climate Promises

Wired  

One month after Amazon ordered its corporate employees to return to the office, some of them have walked back out. “People have lost trust in leadership because they have made these unilateral decisions that impact workers’ lives.” Walk out organizers say more than 1,000 workers joined the Seattle rally with demonstrations in other cities bringing overall participation to over 2,000. …

Amazon employees indeed upset over job cuts, return-to-office mandate; over 20k signed petition to reconsider
1 year, 6 months ago

Amazon employees indeed upset over job cuts, return-to-office mandate; over 20k signed petition to reconsider

India TV News  

A group of Amazon workers upset about recent layoffs, a return-to-office mandate and the company’s environmental impact is planning a walkout at the company’s Seattle headquarters Wednesday. Brad Glasser, an Amazon spokesperson, said there has been good energy on the company’s South Lake Union campus and at its other urban centres since more employees returned to the office. “As it …

Amazon lays off 500 employees in India: Reports
1 year, 7 months ago

Amazon lays off 500 employees in India: Reports

Hindustan Times  

According to reports, Amazon has laid off around 500 employees in India, with their termination coming as part of the 9,000 global job cuts announced by CEO Andy Jassy in March. The India layoffs have been carried out across verticals such as Amazon Web Services, Human Resources, reports said citing people familiar with developments. Amazon Digital Kendras shut down As …

Tech Layoffs: Amazon starts terminating more people, this time from HR and Amazon Web Services
1 year, 7 months ago

Tech Layoffs: Amazon starts terminating more people, this time from HR and Amazon Web Services

Firstpost  

Amazon has begun laying off employees once more, this time from their numerous HR departments as well as its AWS or Amazon Web Services technical teams. Amazon Web Services CEO Adam Selipsky and Human Resources Director Beth Galetti told staff in the United States, Canada, and Costa Rica of the layoffs. Jassy has proved that two of Amazon’s largest and …

Amazon layoffs continue, now 100 employees from its video games unit fired
1 year, 8 months ago

Amazon layoffs continue, now 100 employees from its video games unit fired

Live Mint  

The news comes weeks after Amazon announced a second round of mass layoffs. Layoffs continued at Amazon this week with 100 employees from the company's video games unit losing their jobs. The news comes weeks after Amazon announced a second round of mass layoffs, piling on to a wave of job cuts that has swept the technology sector as a …

Amazon plans to reduce employee stock awards in 2025
1 year, 8 months ago

Amazon plans to reduce employee stock awards in 2025

The Hindu  

Amazon.com Inc. is trimming the number of shares it plans to give employees as part of their 2025 compensation, Business Insider reported on Wednesday, citing a memo. The economic climate and company budget was behind reductions to the 2025 employee stock awards, called restricted stock units, Amazon told managers, according to the report. The memo cited by Insider also mentioned …

Accenture, Amazon, and Meta fired 38,000 employees in March 2023, many Indians included
1 year, 9 months ago

Accenture, Amazon, and Meta fired 38,000 employees in March 2023, many Indians included

India Today  

It seems that the layoff season isn’t ending anytime soon, considering many tech companies are still firing thousands of employees. Earlier this year, Amazon announced the layoff of as many as 18,000 employees and big tech companies like Google also reduced headcounts by 12,000. Meta fired 10,000 more employees in March 2023 Meta has already removed 11,000 workers and it …

Amazon fires 9000 employees: Impacted departments, severance package and more details
1 year, 9 months ago

Amazon fires 9000 employees: Impacted departments, severance package and more details

India Today  

Amazon has announced another round of layoffs that would impact 9,000 employees. In a memo, Amazon CEO Andy Jassy said that the company decided to be more streamlined about costs and headcount due to the "uncertain economy" and "uncertainty that exists in the near future." Amazon teams impacted by the latest round of layoffs The memo also highlights that Amazon …

After sacking 18,000 employees, Amazon plans to cut 9,000 more jobs
1 year, 9 months ago

After sacking 18,000 employees, Amazon plans to cut 9,000 more jobs

Firstpost  

This time around, the job cuts will hit profitable areas for the company including its cloud computing unit AWS and its burgeoning advertising business. The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the company said it would lay off in January. In the memo, Jassy said the second …

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000
1 year, 9 months ago

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

The Hindu  

Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on March 20. The job cuts would mark the second largest round of layoffs in the company's history, adding to the 18,000 employees the tech giant said it would lay off in January. In the memo, Mr. Jassy said …

Amazon To Cut 9000 More Jobs CEO Andy Jassy Statement Cites Uncertain Economy All Details
1 year, 9 months ago

Amazon To Cut 9000 More Jobs CEO Andy Jassy Statement Cites Uncertain Economy All Details

ABP News  

Amazon announced on Monday that it would lay off 9,000 more employees, becoming the latest big technology company to announce a second round of layoffs, Reuters reported. CEO Andy Jassy said the company had added substantial amount of staff in the past few years. "Given the uncertain economy in which we reside, and the uncertainty that exists in the near …

Amazon to cut 9,000 more jobs in fresh layoff round: Report
1 year, 9 months ago

Amazon to cut 9,000 more jobs in fresh layoff round: Report

Hindustan Times  

Amazon.com Inc said on Monday it would cut 9,000 jobs, making it the latest Big Tech company to announce a second round of layoffs in the face of a possible recession. Numerous tech giants including Microsoft Corp, Salesforce Inc, Alphabet and Meta Platforms have slashed thousands of jobs in recent months after pandemic-led hiring sprees left them overstaffed. CEO Andy …

Amazon announces second largest round of layoffs I THIS number of employees to be FIRED in next few weeks
1 year, 9 months ago

Amazon announces second largest round of layoffs I THIS number of employees to be FIRED in next few weeks

India TV News  

Amazon layoffs: For the last year, tech giants have been firing their staff amid concerns about the global recession. CEO Andy Jassy said the second phase of the company’s annual planning process completed this month led to the additional job cuts. Second largest round of layoffs The job cuts would mark the second largest round of layoffs in the company’s …

Latest Amazon job cuts hit streaming platform Twitch
1 year, 9 months ago

Latest Amazon job cuts hit streaming platform Twitch

LA Times  

Amazon on Monday announced 9,000 job cuts after it had already laid off 18,000 employees earlier this year. The units affected include advertising, human resources, the cloud-computing business Amazon Web Services and Twitch, a platform for creators, known for livestreaming video game play. “This was a difficult decision, but one that we think is best for the company long term,” …

Layoffs 2023: US companies cut more than 180,000 jobs in two months amid fears of global recession
1 year, 9 months ago

Layoffs 2023: US companies cut more than 180,000 jobs in two months amid fears of global recession

India TV News  

A report from Challenger, Gray & Christmas, a firm that provides outplacement services to executives, reveals that in the past two months, a number of companies in the United States have cut jobs due to concerns over a global recession, resulting in more than 180,000 employees losing their jobs. The report also shows that the tech industry has cut a …

Amazon pauses construction on 2nd headquarters in Virginia
1 year, 9 months ago

Amazon pauses construction on 2nd headquarters in Virginia

Associated Press  

NEW YORK — Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company’s history and its shifting plans around remote work. The Seattle-based company is delaying the beginning of construction of PenPlace, the second phase of its headquarters development in northern Virginia, Amazon’s real estate chief John Schoettler said in a …

Amazon asks employees to work from office at least three days a week
1 year, 10 months ago

Amazon asks employees to work from office at least three days a week

India TV News  

Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. Jassy acknowledged that it would not be simple to bring back thousands of employees to offices around the world, so the company will give teams time to develop a plan. He noted …

Big tech job cuts keep coming; Zoom latest to trim headcount
1 year, 10 months ago

Big tech job cuts keep coming; Zoom latest to trim headcount

Associated Press  

The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn’t appear to be any let up this month. CEO Eric Yuan said in a blog post Tuesday that the company ramped up staffing during the COVID-19 pandemic, when businesses became increasingly reliant on its service as people worked from home. …

Microsoft profit drops 12% to $16.4B as revenue grows at its slowest pace in six years
1 year, 10 months ago

Microsoft profit drops 12% to $16.4B as revenue grows at its slowest pace in six years

Daily Mail  

A slew of tech companies have announced cost-cutting measures, with Amazon, Apple and Google-parent Alphabet all announcing hiring slowdowns or freezes. Twitter laid off half its workforce across teams ranging from communications and content curation to product and engineering Musk previously said there was no other choice but to impose mass layoffs as the company loses hundreds of millions of …

From Microsoft, Amazon, Google to Wipro, a look at major job cuts in January
1 year, 11 months ago

From Microsoft, Amazon, Google to Wipro, a look at major job cuts in January

Firstpost  

While all firms may not be on Layoffs.fyi list, here is a look at the major job cuts in IT, IT services and other sectors in January 2023 New Delhi: From Google, Amazon to Microsoft, the first three weeks of January have already witnessed layoffs of 55,970 employees across 173 companies around the world, as per data on job cuts …

Google cuts add to tech wipeout that’s claimed over 100,000 jobs
1 year, 11 months ago

Google cuts add to tech wipeout that’s claimed over 100,000 jobs

Live Mint  

Alphabet Inc.’s plan to reduce headcount by more than 6% — about 12,000 roles — is adding to mass job cuts that are accelerating at technology companies around the world. Alphabet Google parent Alphabet announced it will cut about 12,000 jobs, more than 6% of its global workforce, in a move that will affect roles across the company. TCI Fund …

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