Amazon Layoffs: The Painful Effects Of Amazon’s Latest Layoffs

Amazon layoffs, company Cut 9,000 Corporate and Tech Jobs

Amazon layoffs: Looks like Amazon is on a mission to thin out its herd of corporate and tech employees. The e-commerce giant has announced plans to give the boot to a whopping 9,000 of its workers by the end of April. Which should pair nicely with the 18,000 positions it’s already axed since late last year. Apparently, the company is trying to improve profitability and invest in “key long-term customer experiences.” But I’m pretty sure that’s just code for “we want to hoard more money and crush our competition.

Amazon is sharpening its guillotine and getting ready to swing it at some of its most profitable divisions. Yep, you heard that right – the upcoming layoffs are going to take aim at workers in the company’s high-margin cloud computing and advertising operations. Because who needs profits when you can just cut jobs. The company’s leaders recently huddled up for their annual planning session. This is where they apparently brainstormed ways to be “leaner” while still investing in customer experiences. I guess the plan is to cut costs, boost profits, and hope that nobody notices the human toll of their ruthless efficiency.

The Tech Industry’s Mass Layoffs: Amazon, Facebook and Beyond

Andy Jassy is the king of cost-cutting over at Amazon. He’s been at it for over a year now, and it seems like he’s just getting started. I mean, who needs employees anyway. Despite rapidly adding them during the pandemic, Jassy has now decided to pull back on the expansion of Amazon’s warehouse operations. Don’t even get me started on the company’s second headquarters near Washington, D.C. Jassy put a pause on the largest phase of that project too. Maybe he’s realized that building sprawling campuses and hoovering up employees like a hungry vacuum cleaner isn’t the best way to turn a profit.

Wow, Amazon has about 380,000 corporate employees, but I guess that’s not enough for them. They’re planning to lay off even more workers, including some of their most profitable divisions. Most of Amazon’s workforce is made up of hourly workers who power the company’s warehouse operations. I guess they’re not as important as the corporate employees who get to keep their jobs. But it’s not just Amazon – the whole tech industry is going through a massive contraction. It’s like the dot-com bust of the early 2000s all over again, with nearly every major tech company laying off workers. Even Meta, the parent company of Facebook, is getting in on the fun. They recently announced plans to lay off about 10,000 employees, as part of what their CEO, Mark Zuckerberg, called a “year of efficiency.”

Amazon layoffs, Cost-Cutting Bug Hits Multiple Divisions

Amazon’s layoffs have been spreading like a bad rash. It all started with the Alexa voice assistant and device teams, but then it spread to other divisions like automated stores, drones, and consumer retail. Even human resources employees and recruiters got the axe. I guess nobody is safe when the cost-cutting bug hits. And it’s not like Amazon is rolling in cash either. In fact, they reported almost no profit in the latest quarter, which ended in December. Apparently, unexpected weakness in their cloud computing business is to blame.

Now to clean up after Amazon’s mess, use our affiliate link to get yourself XWOW R2 Robot Vacuum and Mop Combo! This cleaning machine features real-time cleaning crawler mop, self-cleaning station, self-filling washing, and drying, and advanced LDS Lidar navigation with laser obstacle avoidance technology. And we also get a commission if you make a purchase. So, I guest you’ll also be cleaning up after our mess as well. 

it looks like Twitch is following in Amazon’s footsteps with its own round of layoffs. The livestreaming site, popular with video gamers, is cutting over 400 people. In a blog post, Twitch’s new CEO, Dan Clancy, blamed the uncertain economy for the company’s struggles. saying that “user and revenue growth has not kept pace with our expectations.” I guess that’s just a fancy way of saying that they’re not making as much money as they thought they would. And to top it off, Clancy just took over as CEO from Twitch’s longtime leader, Emmett Shear, last week.

Amazon to Make Layoff Decisions Mid-Late April, Adding Stress to Workers

Amazon is not completely heartless after all. Despite the massive layoffs, CEO Jassy says that the company might still do some “limited hiring” in strategic areas. I guess they’re not quite done squeezing the lemon dry yet. And speaking of lemons, Amazon’s share price was down a little over 1 percent at the close of trading on Monday. Ouch! But at least the company’s leaders have not yet decided which workers will be laid off. They’re keeping everyone in suspense until mid to late April. The Idea is to make the process as stressful as possible for the workers at Amazon.

In conclusion, Amazon is continuing to do what it does best – cutting costs and laying off workers. But, at least they’re still investing in long-term customer experiences and might even do some limited hiring in strategic areas. With the tech industry going through a major contraction, Amazon’s decisions will have a ripple effect across the entire industry. It’s hard to say how these latest layoffs will impact the company’s future growth and success. But one thing is for sure – Amazon is not one to shy away from making tough decisions in pursuit of its goals.