Amid the prospect of an imminent global recession, tech companies have accelerated layoffs. Here is a list of notable announcements. Today, Amazon b

Tech layoffs are growing - by Phil Siarri - The PhilaVerse

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2023-01-23 04:00:06

Amid the prospect of an imminent global recession, tech companies have accelerated layoffs. Here is a list of notable announcements.

Today, Amazon began laying off thousands more employees, as the ecommerce and cloud computing behemoth begins the greatest wave of layoffs in company history, only months after laying off 10,000 workers. Amazon CEO Andy Jassy revealed on January 4 that the company plans to eliminate 18,000 jobs.

Last November, Facebook parent Meta announced its largest wave of layoffs yet. The company announced its intention to reduce 13% of its workforce (roughly 11,000 positions).

The Information revealed in November that Alphabet (Google’s parent company) planned to lay off about 10,000 low-performing staff beginning in early 2023.

Earlier this month, Salesforce announced it plans to slash 10% of its personnel and shut down several offices (roughly 7,900 jobs).