These tech giants are still making money, but layoffs are coming hard and fast

Google and Facebook parent Meta are some of the companies that have laid off workers in recent months. Beata Zawrzel | Nurphoto | Getty Images From the US to Europe and Asia, global tech giants from Microsoft and Google, to Amazon, SAP and more have laid off thousands of employees since the start of the … Read more

Amazon’s post-Bezos experiment hasn’t gone exactly as planned

Amazon CEO Jeff Bezos speaks during an Action on Forests and Land Use event on day three of COP26 at SECC on November 2, 2021 in Glasgow, United Kingdom. Paul Ellis | Getty Images When amazon announced just over two years ago that the founder and then-CEO jeff bezos would turn the helm over to … Read more

Amazon to lay off 9,000 more workers in addition to earlier cuts

The latest round will primarily impact Amazon’s cloud computing, human resources, advertising and Twitch livestreaming businesses, Jassy said in the memo. Twitch CEO Dan Clancy said approximately 400 people would be let go as part of Amazon’s latest round of job cuts. Clancy pointed to the economic downturn, and said Twitch’s user and revenue growth … Read more

Google nixes paying out remainder of maternity and medical leave for laid-off employees

A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google is indicating to ex-staffers, who got laid off while on maternity and medical leave, that they won’t get paid for all of their remaining time off, according to former employees and written … Read more

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