Tech layoffs 2023: Companies that have made cuts
Several companies have cited fears of a recession in their decisions.
Companies across the tech industry have announced layoffs, affecting thousands of workers in the first few weeks of 2023.
Sales at top tech firms have retreated from the blistering pace attained during the pandemic, when billions across the world were forced into isolation. Customers stuck at home came to rely on delivery services like e-commerce and virtual connections formed through social media and videoconferencing.
Company officials have often cited economic uncertainty and fears of a recession in their job-cutting, cost-cutting decisions. It follows a volatile 2022, which was also marred with layoffs by the thousands across major tech brands.
Following major job cuts earlier this year, Amazon will lay off an additional 9,000 workers, the company announced on Monday.
"Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount," Amazon CEO Andy Jassy said in a statement.
In early January, Amazon announced plans to eliminate just over 18,000 roles in total, including layoffs that were announced in November.
"Some may ask why we didn’t announce these role reductions with the ones we announced a couple months ago," Jassy said. "The short answer is that not all of the teams were done with their analyses in the late fall; and rather than rush through these assessments without the appropriate diligence, we chose to share these decisions as we’ve made them so people had the information as soon as possible."
The majority of roles cut last fall were in Amazon Stores and People Experience and Technology Solutions teams, according to an email sent to employees from Jassy. The company has yet to identify the exact roles being cut in the latest round of layoffs, Jassy said on Monday.
"I remain very optimistic about the future and the myriad of opportunities we have," he said.