Flood Of Tech Layoffs Worsens At Amazon, Microsoft, And Google

Big tech companies are cutting thousands of jobs to cut costs, reduce revenue and fight a terrible recession.

Big tech companies have had to adjust in recent months, with most companies reporting poor results at the end of 2022. While some companies have tried to cut costs or cut other projects, most downsized as a result of the expansion. of their employees amid the corona virus pandemic.

Here are the latest companies that have laid off employees.

Google

The search giant announced on Friday that it was making several major workforce reductions, including laying off 12,000 employees worldwide.

"We conduct rigorous reviews of all product areas and features to ensure that our people and our mission are aligned with our top priorities as a company," Google CEO Sundar Pichai wrote in a statement. “The roles we have filled reflect the results of this review. They cover alphabets, product areas, features, tiers and regions."

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Amazons

Amazon has cut more than 18,000 jobs since November 2022 to cut costs. This slowed the addition of warehouses and eliminated other programs such as AmazonSmile's telehealth division and philanthropic services.

“While saying goodbye to many of our talented colleagues is painful, it is an important part of a broader effort to reduce our costs so that our customers can continue to invest in more choice, lower prices and a fast delivery. Love," Beth Galetti, Amazon's chief human resources officer, wrote in a statement Wednesday.

Microsoft

On Wednesday, the software company announced it was cutting 10,000 jobs worldwide, the biggest layoffs in eight years.

"It's a tough choice we've made in our 47-year history to remain the industry-leading company that never forgives anyone for not adapting to changing platforms," said wrote Microsoft CEO Satya Nadella in a blog post on Wednesday. . . . .

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singing

Twitter has lost more than 70% of its workforce in recent months due to the takeover, layoffs and resignation of Elon Musk. While Musk initially cut Twitter's staff in half, another 1,000 quit just weeks after Musk forced employees to agree to work on a "hardcore" version of Twitter.

A half

In November, Facebook's parent company laid off more than 11,000 employees, a record for the social platform. "I want to be responsible for this decision and how we got here," Meta CEO Mark Zuckerberg wrote in a letter to employees. "I know it's difficult for everyone and I'm so sorry for those affected."

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Tags: Google, News, Microsoft, Twitter, Amazon, Technology, Business

Original author: Christopher Hutton

Starting position: Tech layoffs are increasing at Amazon, Microsoft, and Google.