Tag: amazon layoffs

Still hiring: Google, Microsoft, Amazon and Meta layoffs give other sectors an opening
28Jun By adminNo Comments
Technology

Still hiring: Google, Microsoft, Amazon and Meta layoffs give other sectors an opening

[ad_1] For the thousands of workers who'd never experienced upheaval in the tech sector, the recent mass layoffs at companies like Google, Microsoft, Amazon and Meta came as a shock.Now they are being courted by long-established employers whose names aren't typically synonymous with tech work, including hotel chains, retailers, investment firms, railroad companies and even the Internal Revenue Service. All of those sectors have signaled on recruiting platforms that they are still hiring software engineers, data scientists and cybersecurity specialists despite the layoffs in Big Tech. It's a chance for them to level the playing field against tech giants that have long had their pick of the top talent with lucrative compensation, alluring perks and sheer name recognition. No employer is m...
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Amazon Is Targeted by Businesses Relying on the Online Retailer to Sell Goods
3Mar By adminNo Comments
Technology

Amazon Is Targeted by Businesses Relying on the Online Retailer to Sell Goods

[ad_1] Businesses that rely on Amazon.com Inc. to sell their goods are beginning to band together against the e-commerce retail behemoth. A trio of well-connected antitrust advocates on Thursday launched the Responsible Online Commerce Coalition, which represents a group of small businesses and large brands that will push for the US government to pare back Amazon's power over the online shopping ecosystem. “We believe Amazon's been given a pass to a large extent,” said Damien Geradin, one of the advocates spearheading the coalition. He's a founding partner with Geradin Partners, an antitrust law firm that specializes in opposing large tech companies and other corporations. The group will help solidify political power among companies that have struggled due to Amazon's actions, p...
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Big Tech Binged on Workers During Covid. Now, the Purge.
27Jan By adminNo Comments
Technology

Big Tech Binged on Workers During Covid. Now, the Purge.

[ad_1] The spate of layoffs is a reaction to a hiring wave during the pandemic that got out of hand. But will it be an overreaction? The layoff announcements coming lately from the chief executive officers of big technology companies all contain variations on the theme of “we hired too many people during the pandemic,” expressed with varying degrees of contrition. At one end of the spectrum are Seattleites Andy Jassy of Amazon.com Inc. and Satya Nadella of Microsoft Corp. Amazon's layoffs were simply an outgrowth of its annual review, Jassy wrote, although he did allow that “this year's review has been more difficult given the uncertain economy and that we've hired rapidly over the last several years.” Microsoft's Nadella opted for bland corporatespeak: “As we saw customers acceler...
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Amazon to Sell Bay Area Office Complex as Sales Growth Cools
27Jan By adminNo Comments
Technology

Amazon to Sell Bay Area Office Complex as Sales Growth Cools

[ad_1] Amazon.com Inc. is selling a vacant Bay Area office complex purchased about 16 months ago, in an effort to unwind a pandemic-era expansion that left it with a surfeit of warehouses and employees. Amazon.com Inc. is selling a vacant Bay Area office complex purchased about 16 months ago, the company's latest effort to unwind a pandemic-era expansion that left it with a surfeit of warehouses and employees. Amazon in October 2021 paid $123 million for the 29-acre property in Milpitas, California, part of a strategy to lock up real estate near big cities that could be used for new warehouses and facilitate future growth. The Metro Corporate Center is now in contract with a commercial real estate developer, according to three people familiar with the situation, who requested ano...
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Amazon axes charity program amid wider cost-cutting moves
20Jan By adminNo Comments
Technology

Amazon axes charity program amid wider cost-cutting moves

[ad_1] Amazon is ending a charity donation program it ran for a decade in its latest cost-cutting move. Amazon is ending a charity donation program it ran for a decade in its latest cost-cutting move. In a blog post on Wednesday, the company said the program, called AmazonSmile, will shut down by February 20 because it had “not grown to create the impact” the retailer had hoped. The program allowed Amazon to donate a small percentage of eligible purchases to a charity selected by shoppers. "With so many eligible organizations—more than 1 million globally—our ability to have an impact was often spread too thin,” the company said. The decision also comes as the Seattle-based company is laying off workers and axing different areas o...
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Amazon Devices Chief Pledges Big Alexa Bets Despite Job Cuts
15Dec By adminNo Comments
Technology

Amazon Devices Chief Pledges Big Alexa Bets Despite Job Cuts

[ad_1] Amazon.com Inc.’s devices chief said the company remains committed to building out the Alexa ecosystem despite job cuts in the once fast-growing division. Amazon.com Inc.'s devices chief said the company remains committed to building out the Alexa ecosystem despite job cuts in the once fast-growing division.When Amazon last month initiated its biggest-ever round of layoffs, they fell first and hardest on the Devices and Services group. The unit is responsible for the Alexa voice-activated assistant, Echo smart speakers, Fire streaming devices and home robots. In an interview Tuesday, Senior Vice President Dave Limp called the cuts “a painful event and not one you ever want to do.” Still, he said: “Is there some lack of commitment to Amazon's devices and services business? By an...
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Andy Jassy Shocker on Amazon Job Cuts
18Nov By adminNo Comments
Technology

Andy Jassy Shocker on Amazon Job Cuts

[ad_1] Amazon CEO Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions. Amazon.com Inc. Chief Executive Officer Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs.“Leaders across the company are working with their teams and looking at their workforce levels, investments they want to make in the future, and prioritizing what matters most to customers and the long-term health of our businesses,” Jassy said Thursday in the statement. “This year's review is more difficult due to the fact that the economy remains in a challenging spot and we've hired rapi...
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Amazon Employees Fear ‘No One Is Safe’ as Layoffs Roil the Ranks
17Nov By adminNo Comments
Technology

Amazon Employees Fear ‘No One Is Safe’ as Layoffs Roil the Ranks

[ad_1] “No one is safe.” So wrote an Amazon.com Inc. employee on an internal chat room as the company began the largest round of layoffs in its history. The mood, especially in the hard-hit devices team, reflected the shock and dismay of people more accustomed to growing budgets and moonshots than talk of recession and austerity.  Devices chief Dave Limp, in a note to his team on Wednesday, said the firings pained him. He pledged severance payments for people who can't find other jobs inside the company. But for many recipients his note was little consolation, and some wondered why Chief Executive Officer Andy Jassy, considered by some a gentler touch than predecessor Jeff Bezos, hadn't addressed the troops the way Mark Zuckerberg did when announcing job cuts at Meta Platforms Inc.  La...
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Amazon Devices Chief Says Layoffs Have Begun: ‘It Pains Me’
16Nov By adminNo Comments
Technology

Amazon Devices Chief Says Layoffs Have Begun: ‘It Pains Me’

[ad_1] Amazon.com Inc. employees who learned Tuesday that they were being fired from the devices team will receive severance packages if they can’t find other roles inside the company. Amazon.com Inc. employees who learned Tuesday that they were being fired from the devices team will receive severance packages if they can't find other roles inside the company.It was the e-commerce giant's first acknowledgment of a headcount cull that's expected to be the deepest in the company's history. Bloomberg reported earlier that some 10,000 Amazon corporate and technology employees could face termination.  “After a deep set of reviews, we recently decided to consolidate some teams and programs,” Dave Limp, Amazon's senior vice president of devices and services, said in a note to staff. “It pain...
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Amazon to layoff 10,000 employees: report
15Nov By adminNo Comments
Technology

Amazon to layoff 10,000 employees: report

[ad_1] Amazon is preparing to lay off as many as 10,000 employees, making the e-commerce behemoth the latest tech giant to unleash a large-scale redundancy plan. Amazon is preparing to lay off as many as 10,000 employees, The New York Times reported on Monday, making the e-commerce behemoth the latest tech giant to unleash a large-scale redundancy plan.This would represent a little less than one percent of the group's total payroll, which had 1.54 million employees worldwide at the end of September, not counting seasonal workers who are recruited during periods of increased activity like the Christmas holidays. The Times report said the affected positions will be located in Amazon's devices department, the retail division and human resources. The distribution by country was not specif...
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