As of early February, more than 67,000 jobs had been eliminated across the industry since the beginning of the year, according to data compiled by Bloomberg. and International Business Machines Corp. Other tech giants have reduced their headcount, including Google parent company Alphabet Inc., Microsoft Corp., Dell Technologies Inc. Meta Chief Executive Officer Mark Zuckerberg told employees during a recent internal meeting that the economic climate of layoffs and restructuring could last “many years.” announced that it was laying off another 10,000 employees and closing about 5,000 additional open roles in its own second major round of job cuts. The cuts come less than a week after Facebook owner Meta Platforms Inc. Those layoffs landed heaviest on Amazon’s recruiting and human resources teams, its sprawling retail group, as well as its devices teams. The company last month wrapped up a round of job cuts that totaled about 18,000 workers. The e-commerce giant has been laying off mostly corporate workers after a hiring spree during the pandemic left Amazon with too many people. Related: Breaking News: Microsoft to Include Some Azure Staff in Layoffs is laying off an additional 9,000 employees, adding to cuts that were already the largest round of firings in the company’s history.Ĭhief Executive Officer Andy Jassy announced the cuts internally Monday, saying they would occur in the coming weeks and primarily affect Amazon Web Services, human resources, advertising and the Twitch livestreaming service groups.
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