Layoffs continue at major technology companies: Google And Amazon They announced that they have laid off hundreds of employees from various work teams.
Google Cut staff, particularly in its hardware, voice assistant and engineering teams As part of cost cutting measures.
While the e-commerce giant, Amazon, chose to enforce these strict measures on employees Prime Video Platform and MGM Studios.
What is behind the measure
Google gets cut because the company “Invest responsibly in the company’s highest priorities and significant opportunities that lie ahead,” the technology giant said in a statement.
“Some teams continue to make these types of organizational changes, which “Includes the elimination of some functions at the global level.”he added.
Google had already announced the elimination of several hundred positions in its augmented reality hardware team.
Companies like Linkedin or Nokia have also reduced their staff in recent days
The layoffs follow a commitment to cut costs by executives at the firm and its parent company Alphabet. Google said a year ago that it would lay off 12,000 employees, about 6% of its workforce.
And it’s not the only technology company in the process of cutting. Over the past year, Meta (Facebook’s parent company) has cut more than 20,000 jobs to reassure investors. In 2023, the group’s shares rose nearly 178%.
What did Amazon do?
Amazon’s head of research and streaming, Mike Hopkins, explained that they have “identified opportunities to reduce or disrupt investment in certain areas, while at the same time We increase our investment and focus on content and product initiatives that have the greatest impact” he said.
The manager has said that those affected in the US will be notified on Wednesday morning, Seattle (United States) local time, when Those employees located in other parts of the world will receive the notice later this week.
In this sense, it was revealed on Tuesday that the multinational company is finalizing an adjustment at Twitch that will affect 35% of employees, or about 500 people. So, this They will join the 27,000 laid off in late 2022 to early 2023 once the pandemic demand boom subsides.
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