{"id":511544,"date":"2022-11-17T21:41:26","date_gmt":"2022-11-17T18:41:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/amazon-begins-mass-layoffs-among-its-corporate-workforce\/"},"modified":"2022-11-17T21:41:26","modified_gmt":"2022-11-17T18:41:26","slug":"amazon-begins-mass-layoffs-among-its-corporate-workforce","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/amazon-begins-mass-layoffs-among-its-corporate-workforce\/","title":{"rendered":"#Amazon begins mass layoffs among its corporate workforce"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a35c4cda8c84\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a35c4cda8c84\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/amazon-begins-mass-layoffs-among-its-corporate-workforce\/#Amazon_begins_mass_layoffs_among_its_corporate_workforce\" >Amazon begins mass layoffs among its corporate workforce<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Amazon_begins_mass_layoffs_among_its_corporate_workforce\"><\/span>Amazon begins mass layoffs among its corporate workforce<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>NEW YORK (AP) \u2014 Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.<\/p>\n<p>On Tuesday, the company notified regional authorities in California that it would lay off about 260 workers at various facilities that employ data scientists, software engineers and other corporate workers. Those job cuts would be effective beginning on Jan. 17.<\/p>\n<p>Amazon would not specify how many more layoffs may be in the works beyond the ones confirmed through California&#8217;s Worker Adjustment and Retraining Notification Act, also known as WARN, which requires companies to provide 60 days\u2019 notice if they have 75 or more full-time or part-time workers. Amazon employs more than 1.5 million workers globally, primarily made up of hourly workers.<\/p>\n<p>The online retail giant, like other tech and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> giants, saw sizable profits during the COVID-19 pandemic, as homebound shoppers purchased more items online. But revenue growth slowed as the worst of the pandemic eased and consumers relied less on ecommerce.<\/p>\n<p>The Seattle-based company reported two consecutive losses this year, driven mainly by write-downs of the value of its stock investment in electric vehicle start-up Rivian Automotive. The company returned to profitability during the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/technology-business-amazoncom-inc-0983492b44aeae0b952010958c1cfb6b\" data-ylk=\"slk:third quarter\" class=\"link rapid-noclick-resp\">third quarter<\/a>, but investors were gloomy about its weaker-than-expected revenue and lackluster projections for the current quarter, which is typically good for retailers due to the holiday shopping season.<\/p>\n<p>In an effort to cut back on costs, Amazon has already been axing some of its projects \u2014 including subsidiary <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/technology-amazoncom-inc-business-1149236ae067eaef817ee73d8c3dd74f\" data-ylk=\"slk:fabric.com\" class=\"link rapid-noclick-resp\">fabric.com<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/technology-health-seattle-23deb95626df3894769ade8622dd06da\" data-ylk=\"slk:Amazon Care\" class=\"link rapid-noclick-resp\">Amazon Care<\/a>, and the cooler-size home delivery robot Scout. Its also been scaling back its physical footprint by delaying \u2014 or canceling \u2014 plans to occupy some new warehouses across the country. And Amazon Chief Financial Officer Brian Olsavsky has said the company was preparing for what could be a slower growth period and would be careful about hiring in the near future.<\/p>\n<p>Mass layoffs are rare at Amazon, but the company has had rounds of job cuts in 2018 and in 2001 during the dot-com crash. On the warehouse side, the ecommerce giant typically trims its workforce through attrition.<\/p>\n<p>Faced with high costs, the company announced earlier this month it would <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/technology-business-economy-598d20d14047ff647fc4227b232dc807\" data-ylk=\"slk:pause hiring\" class=\"link rapid-noclick-resp\">pause hiring<\/a> among its corporate workforce, adding to the freeze it put a few weeks earlier on its retail division. But the layoffs weren&#8217;t far off. Employees who work in different units, including voice assistant Alexa and cloud gaming platform Amazon Luna, said they were let go on Tuesday, according to LinkedIn posts. Some of them were based in Seattle, where the company has its headquarters.<\/p>\n<p>\u201cAs part of our annual operating planning review process, we always look at each of our businesses and what we believe we should change,&#8221; Amazon spokesperson Kelly Nantel said in a statement. \u201cAs we\u2019ve gone through this, given the current macro-economic environment (as well as several years of rapid hiring), some teams are making adjustments, which in some cases means certain roles are no longer necessary.\u201d<\/p>\n<p>In a note to the devices &amp; services team that Amazon shared on its website, the team&#8217;s senior vice president David Limp said the company was consolidating some teams and programs. He said those laid off in the process were notified on Tuesday and the company will work with them to \u201cprovide support,\u201d including assistance in finding new roles. If an employee cannot find a new role within the company, Limp said Amazon will provide a severance payment, external job placement support and what he called transitional benefits.<\/p>\n<p>The retail behemoth follows other tech giants that have cut jobs in the past few weeks \u2014 a reversal from earlier this year, when tech workers were in high demand. Facebook parent Meta said last week it would <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/facebook-meta-layoffs-283a6e1c1a2e02a439d177a7acdf4296\" data-ylk=\"slk:lay off 11,000 people\" class=\"link rapid-noclick-resp\">lay off 11,000 people<\/a>, about 13% of its workforce. And Elon Musk, the new Twitter CEO, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/elon-musk-twitter-inc-business-layoffs-c0334da78b3af9faf2f43cf3f6e52ffa\" data-ylk=\"slk:slashed the company's workforce\" class=\"link rapid-noclick-resp\">slashed the company&#8217;s workforce<\/a> in half this month.<\/p>\n<p>Going forward, Wedbush Securities analyst Daniel Ives said he believes Amazon will likely sustain its workforce and investments in profitable areas such as the cloud computing unit AWS, while trimming costs in non-strategic areas like Alexa and other moonshot projects.<\/p>\n<p>\u201cThe clock has struck midnight in terms of hyper-growth for Big Tech,\u201d Ives said. \u201cThese companies hired at such an eye popping rate, it was not sustainable. Now there\u2019s some painful steps ahead.\u201d<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.aol.com\/finance\/amazon-begins-mass-layoffs-among-184126796.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon begins mass layoffs among its corporate workforce NEW YORK (AP) \u2014 Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment. On Tuesday, the company notified regional authorities in California that it would lay off about 260 workers&#8230;<\/p>\n","protected":false},"author":1,"featured_media":511545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/MTkgf_3nYgGI_moMSpUQmA--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-\/https:\/\/media.zenfs.com\/en\/ap.org\/0fe74317df088cb2c3472583986cac41","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-511544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/511544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=511544"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/511544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/511545"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=511544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=511544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=511544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}