Amazon layoffs

Microsoft, Amazon and other tech companies have laid off more than 60,000 employees in the last year · The tech industry has seen a string of layoffs in the face ...

[Robinhood slashed 23% of its staf](https://www.cnbc.com/2022/08/02/robinhood-cutting-about-23percent-of-jobs.html)f in August, after cutting 9% of its workforce in April. [Snap announced it laid off 20% of its workforce](https://www.cnbc.com/2022/08/30/snap-will-lay-off-20percent-of-staff.html), which equates to over 1,000 employees. Netflix: 450 jobs cut [Netflix](/quotes/NFLX/) announced [two rounds of layoffs](https://www.cnbc.com/2022/06/23/netflix-lays-off-300-more-employees-as-revenue-growth-continues-to-slow.html). Lyft: 700 jobs cut [Lyft](/quotes/UPS/) [ cut 13%](https://www.cnbc.com/2022/11/03/lyft-cuts-13percent-of-its-workforce.html) of its staff, or about 700 jobs. In May, the streaming service eliminated [150 jobs](https://www.cnbc.com/2022/05/17/netflix-lays-off-150-employees-as-the-streaming-service-contends-with-big-subscriber-losses.html) after the company reported its first subscriber loss in a decade. 4, Musk said](https://twitter.com/elonmusk/status/1588671155766194176) there was "no choice" but [to lay off employees](https://www.cnbc.com/2022/11/04/twitter-sued-by-employees-after-mass-layoffs-begin.html) as the company was [losing $4 million per day](https://twitter.com/elonmusk/status/1588671155766194176?s=20&t=9iQ-RKzoJQ7w4Ex-NSfEpA). The company said it plans to eliminate [13% of its staff](https://www.cnbc.com/2022/11/09/meta-to-lay-off-more-than-11000-thousand-employees.html), which amounts to more than 11,000 employees. [Amazon](/quotes/AMZN/) CEO Andy Jassy [said](https://www.cnbc.com/2023/01/04/amazon-says-it-will-cut-over-18000-jobs-more-than-initially-planned.html) [ the company was planning to lay off more than 18,000 employees,](https://www.cnbc.com/2023/01/18/amazon-set-to-begin-new-round-of-layoffs-affecting-over-18000-people.html) primarily in its human resources and stores divisions. [CNBC reported](https://www.cnbc.com/2022/11/17/amazon-is-looking-to-trim-headcount-through-a-voluntary-buyout-program.html) at the time that the company was looking to lay off about 10,000 employees. Since then, significantly more employees [have quit](https://www.cnbc.com/2022/11/17/new-wave-of-resignations-hits-twitter-after-musk-ultimatum.html) after Musk changed some policies around working from home and wrote that he expected all employees to commit to a ["hardcore"](https://www.cnbc.com/2022/11/17/elon-musk-sends-ultimatum-to-twitter-employees-read-the-faqs.html) work environment. 18, but employees are [increasingly growing worried](https://www.cnbc.com/2022/11/23/google-has-avoided-mass-layoffs-but-employees-worry-theyre-coming.html) that the ax may soon fall. [Amazon](/quotes/AMZN/) also began a [fresh round of job cuts](https://www.cnbc.com/2023/01/18/amazon-set-to-begin-new-round-of-layoffs-affecting-over-18000-people.html) that are expected to eliminate more than 18,000 employees and become the largest workforce reduction in the e-retailer's 28-year history.

The company announced it was laying off more than 18000 employees among its corporate ranks — the largest job cull in its history.

and [Salesforce](https://fortune.com/company/salesforce-com/) Inc. The world’s largest online retailer spent much of last year adjusting to a sharp slowdown in e-commerce growth as shoppers returned to pre-pandemic habits. The latest round, scheduled to commence Wednesday, will mostly affect the retail division and human resources. [trimming their ranks](https://www.bloomberg.com/news/articles/2022-12-07/tech-layoffs-2022-tracker-these-companies-are-making-big-job-cuts), including [Cisco Systems](https://fortune.com/company/cisco-systems/) Inc., [Intel](https://fortune.com/company/intel/) Corp., [Meta Platforms](https://fortune.com/company/facebook/) Inc., [Qualcomm](https://fortune.com/company/qualcomm/) Inc. Amazon delayed warehouse openings and halted hiring in its retail group. [memo](https://www.aboutamazon.com/news/company-news/update-from-ceo-andy-jassy-on-role-eliminations) to employees.

Citing the uncertain economy, cooling customer demand and the need to sharpen their focus on the most promising areas for growth, both tech giants are moving ...

[added](https://www.geekwire.com/2022/new-filing-microsoft-added-record-40000-employees-in-the-past-year-up-22-before-job-cuts/) nearly 80,000 jobs between 2019 and 2022. “Who knows what might come out of this region’s 2020s as a result?” But the tech industry today is bigger than ever and deeply entrenched, as large tech giants provide foundations for many other companies. Past tech downturns provided an opportunity for new competitors to rise up and challenge incumbents. If those trends continue, workers in dependent industries such as hospitality and other services sectors could feel the impact. Smaller companies may have an easier time recruiting tech talent, which could boost Seattle’s growing startup scene that is At the downtown Seattle offices of JPMorgan Chase, for example, the technology engineering operations have grown by 100 employees to nearly 270 people in the past year. With the recent layoffs at big tech companies, JPMorgan Chase is seeing more resumes than in the past from engineering candidates. Behind the scenes, the cutbacks are also causing significant changes for tech employees and companies. Similarities include higher interest rates and recessionary indicators that are making capital tougher to raise, and cutting into stock prices. Meta, which has nearly 8,000 employees in the Seattle region, doubled overall headcount since the start of the pandemic before announcing a 13% reduction in November. But the sector overall is a long way from a bust.

These are the first messages to employees as Amazon embarks on the largest layoffs in company history on Wednesday.

While it will be painful to say goodbye to many of our talented colleagues, it is an important part of a wider effort to lower our cost to serve so we can continue investing in the wide selection, low prices, and fast shipping that our customers love. Role reductions are one of several steps we are taking to lower our cost to serve. We are saying goodbye to people we've worked closely with, and there is plenty of hard work ahead as your innovate on behalf of customers. Notification emails will be sent out to impacted employees shortly, and we expect all notifications in the U.S., Canada and Costa Rica to be completed by end of the day today. It is painful and rare for us to take this step, and I know how difficult this is on the individuals impacted and their loved ones. Our goal is to make sure every impacted employee is assisted in this transition, so for example, in the U.S., we are providing packages that include a 60-day non-working transitional period with full pay and benefits, plus an additional several weeks of severance depending on the length of time with the company, a separation payment, transitional benefits, and external job placement support. The last couple of years, as we navigated through COVID and many global crisis, are an example of this, and I am so grateful and proud of how the PXT team rose to the occasion to deliver our employees and customers at a time when so many people around the world were relying on Amazon. And in China, we will notify employees after the Chinese New Year. I encourage each and every one of you take care of yourselves, and also to find ways to support each other as we navigate this together We will continue to focus on improving the employee experience every day, including the experience of PXT employees, and innovating to meet business needs. The nature of our work in PXT is such that we often need to support employees and customers while being affected by the very same issues affecting those who need our support. Today we are taking the difficult step of notifying PXT employees who are affected by role reductions at Amazon.

It said the employees in the United States, Canada and Costa Rica who have been laid off will be notified by the end of today.

The layoff decision was announced earlier this month by Chief Executive Officer Andy Jassy. He in an internal note said that annual planning had been more ...

In a letter to employees, Microsoft CEO Satya Nadella said the decision was difficult but necessary. Earlier today, tech giant Microsoft said it would cut about 10,000 jobs this year. The layoff decision was announced earlier this month by Chief Executive Officer Andy Jassy.

Twitter: 3,700. In this April 16, 2020, file photo, the Amazon logo is displayed in. Are tech companies freezing hiring? Job openings for tech jobs dropped ...

"Across the economy, this is not a problem that we're seeing," Vankudre said. The layoffs will become a little bit more widespread," he said. There were at least 154,000 layoffs from more than 1,000 tech companies last year, according to [Layoffs.fyi](https://layoffs.fyi/), a website that has been tracking tech layoffs since March 2020. “I did not expect that, fast forward to 2022 to 2023, we would see another wave of layoffs.” [Nonfarm payroll employment increased by 223,000](https://www.usatoday.com/story/money/economy/2023/01/06/december-jobs-report-live-updates-stock-market-unemployment/10992071002/) [the unemployment rate in December](https://www.usatoday.com/story/money/economy/2023/01/06/december-jobs-report-live-updates-stock-market-unemployment/10992071002/) fell from 3.7% to 3.5% to match a 50-year low. So they're pulling back," Keum said. "What we're seeing is really just sort of a renormalization," Vankudre said. "It's not that big techs are running short on cash, but they're making huge investments into risky new business areas. "Unfortunately, I don't see the layoffs going away anytime soon." [Amazon ](https://www.usatoday.com/story/money/2022/11/14/amazon-lay-off-10000-employees-report/10697110002/)and [Meta](https://www.usatoday.com/story/tech/2022/11/07/facebook-meta-layoff-thousands-employees-reports/8292640001/) reversed course in 2022. [was remarkably strong](https://www.usatoday.com/story/money/economy/2023/01/06/december-jobs-report-live-updates-stock-market-unemployment/10992071002/), the tech industry was an exception.

A report from Bloomberg reveals that the latest layoff at Amazon will be affecting many departments. The company is planning to fire employees in Human ...

Now, the next set of layoffs has started as the company announced that the latest round will begin starting January 18. Reports claim that there are around 1 lakh employees in the Indian market. A report from Bloomberg reveals that the latest layoff at Amazon will be affecting many departments. We already know the company has started firing people in India and now reports of layoffs in other regions are also coming up. The company has already sacked employees from Amazon’s Devices and Services group in 2022. The employees across departments will likely be impacted.

Amazon's Worldwide Stores business, led by Doug Herrington, is the retail arm of the tech and e-commerce giant. It includes Amazon's online and physical stores, ...

“The nature of our work in PXT is such that we often need to support employees and customers while being affected by the very same issues affecting those who need our support,” Galetti wrote. The layoffs are one of several steps Amazon has planned to decrease its costs, Herrington said. During the COVID-19 pandemic, Herrington continued, Amazon’s first priority was scaling up, to meet the needs of customers spending more time at home. That came as a shock to some: When news of the layoffs first broke, it was [expected the job cuts would affect about 10,000 people.](https://www.seattletimes.com/business/amazon-begins-layoffs-impact-on-seattle-still-unclear/) and Canada impacted by this most recent wave of job cuts will likely be notified Wednesday, according to messages shared with The Seattle Times by Amazon. Amazon’s Worldwide Stores business, led by Doug Herrington, is the retail arm of the tech and e-commerce giant.

As Amazon began the largest layoffs in company history on Wednesday, an internal Slack channel blew up with employees sharing details about the job cuts.

Though Amazon executives [+](tel:+1-650-942-3061) [1-650-942-3061](tel:+1-650-942-3061)) or email ( [[email protected]](mailto:[email protected])). "I just got notice that my job is eliminated. Amazon's CEO Andy Jassy [announced earlier this month](https://affiliate.insider.com/?postID=63c8316aaa849923ae71d843&site=bi&u=https%3A%2F%2Fwww.aboutamazon.com%2Fnews%2Fcompany-news%2Fupdate-from-ceo-andy-jassy-on-role-eliminations&amazonTrackingID=null&platform=browser&sc=false&disabled=false) that over 18,000 employees would be laid off. "Slack is exploding," one employee said. The layoffs-related Slack channel has over 37,000 members.

Amazon began laying off another 8000 employees, following 10000 job cuts in November as the company aims for " a stronger cost structure."

[Amazon CEO Andy Jassy](https://www.aboutamazon.com/news/company-news/update-from-ceo-andy-jassy-on-role-eliminations) [ announced](https://www.aboutamazon.com/news/company-news/update-from-ceo-andy-jassy-on-role-eliminations) the company planned to lay off more than 18,000 employees "between the reductions we made in November and the ones we’re sharing today." [The Seattle Times](https://www.seattletimes.com/business/amazon-handing-out-pink-slips-as-next-round-of-layoffs-kicks-off/) and multiple other outlets reported Amazon made the staff reductions in its human resources and stores division, as the company is expected to lay off about an added 8,000 employees. "Amazon has weathered uncertain and difficult economies in the past, and we will continue to do so. [Microsoft announced it would be reducing its workforce by 10,000](https://www.usatoday.com/story/money/2023/01/18/microsoft-layoffs-10000-employees-stock/11074235002/) [ people ](https://www.usatoday.com/story/money/2023/01/18/microsoft-layoffs-10000-employees-stock/11074235002/)through the end of the third quarter of the 2023 fiscal year (ending March 31). Doug Herrington, Amazon's worldwide retail chief, said in a memo the company would begin to notify employees by email Wednesday, [according to Bloomberg](https://www.bloomberg.com/news/articles/2023-01-18/amazon-is-set-for-new-round-of-job-cuts-affecting-18-000-people#xj4y7vzkg). They’re not in heavy people expansion mode every year."