Layoffs continue at major tech companies: Google And Amazon They said they fired hundreds of employees from different work groups.
Google reduce staff specifically in the hardware, voice assistant and engineering teams as part of cost reduction measures.
While e-commerce giant Amazon decided to apply this drastic measure to employees Platform Prime Video and MGM Studios.
Google’s cuts come as the company tries toinvest responsibly in the company’s most important priorities and the important opportunities that lie ahead,” the tech giant said in a statement.
“Some teams continue to make similar organizational changes that enable global removal of some features”he added.
Google has already announced it will cut several hundred positions, most of them in the augmented reality hardware team.
Companies such as Linkedin or Nokia have also cut their staff in recent days.
The layoffs come as executives at the firm and its parent company Alphabet pledged to cut costs. A year ago, Google said it would lay off 12,000 employees, about 6% of its workforce.
And it’s not the only tech company deep in downsizing. Meta (Facebook’s parent company) cut more than 20,000 jobs last year to appease investors. The group’s shares are up about 178% in 2023.
Amazon’s head of research and streaming Mike Hopkins explained that they had identified “opportunities to reduce or pause investments in certain areas while We are increasing our investments and focusing on content and product initiatives that have the greatest impact.“he decreed.
The manager said those affected in America will be notified on Wednesday morning local time in Seattle (USA), and Employees based in other parts of the world will receive notification later this week.
In this sense, it was revealed on Tuesday that the multinational corporation is finalizing a Twitch setup that will affect 35% of employees, or about 500 people. So these They will join the 27,000 people laid off between late 2022 and early 2023 once the pandemic boom in demand subsides.
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