{"id":27868,"date":"2023-01-05T13:24:44","date_gmt":"2023-01-05T13:24:44","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/05\/tech-workers-in-firing-line-as-amazon-set-to-cut-18000-jobs-the-register\/"},"modified":"2023-01-05T13:24:44","modified_gmt":"2023-01-05T13:24:44","slug":"tech-workers-in-firing-line-as-amazon-set-to-cut-18000-jobs-the-register","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/05\/tech-workers-in-firing-line-as-amazon-set-to-cut-18000-jobs-the-register\/","title":{"rendered":"Tech workers in firing line as Amazon set to cut 18,000 jobs \u2022 The Register"},"content":{"rendered":"<p> <a href=\"https:\/\/go.fiverr.com\/visit\/?bta=1052423&nci=17043\" Target=\"_Top\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" src=\"https:\/\/fiverr.ck-cdn.com\/tn\/serve\/?cid=40081059\" loading=\"lazy\"  width=\"601\" height=\"201\"><\/a>\n<\/p>\n<div id=\"body\">\n<p>Amazon is set to make around 18,000 job cuts, with tech teams among those bearing the brunt of the losses.<\/p>\n<p>The move followed CRM giant Salesforce&#8217;s decision to slash about 10 percent of its 73,000 workforce while taking a financial hit of $1.4 billion to $2.1 billion, <a target=\"_blank\" href=\"https:\/\/www.theregister.com\/2023\/01\/04\/salesforce_7000_job_cuts\/\" rel=\"noopener\">announced yesterday<\/a>.<\/p>\n<p>The global online retailer and cloud company is set to slash around 5 percent of its workforce \u2014 largely in the areas of devices and books, technology services and stores \u2014 which is considerably higher than the <a target=\"_blank\" href=\"https:\/\/www.theregister.com\/2022\/11\/14\/amazon_job_cuts\/\" rel=\"noopener\">10,000 estimated in November<\/a>.<\/p>\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"top\" data-raptor=\"condor\" data-xsm=\",fluid,mpu,\" data-sm=\",fluid,mpu,\" data-md=\",fluid,mpu,\">\n        <noscript><br \/>\n            <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/front&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=2&amp;c=2Y7bPm86WvxYdpUzeFX-55gAAAAY&amp;t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                <img decoding=\"async\" src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/front&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=2&amp;c=2Y7bPm86WvxYdpUzeFX-55gAAAAY&amp;t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0\" loading=\"lazy\" alt=\"\"\/><br \/>\n            <\/a><br \/>\n        <\/noscript>\n    <\/div>\n<p>In a blog published last night, CEO Andy Jassy, who founded AWS, said the pace of recent hiring combined with current economic uncertainty forced it to make the cuts.<\/p>\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"top\" data-raptor=\"falcon\" data-xmd=\",fluid,mpu,leaderboard,\" data-lg=\",fluid,mpu,leaderboard,\" data-xlg=\",fluid,billboard,superleaderboard,mpu,leaderboard,\" data-xxlg=\",fluid,billboard,superleaderboard,brandwidth,brandimpact,leaderboard,mpu,\">\n            <noscript><br \/>\n                <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/front&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y7bPm86WvxYdpUzeFX-55gAAAAY&amp;t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/front&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y7bPm86WvxYdpUzeFX-55gAAAAY&amp;t=ct%3Dns%26unitnum%3D426raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" loading=\"lazy\" alt=\"\"\/><br \/>\n                <\/a><br \/>\n            <\/noscript>\n        <\/div>\n<div class=\"adun_eagle_desktop_story_wrapper\">\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"mid\" data-raptor=\"eagle\" data-xxlg=\",mpu,dmpu,\">\n                <noscript><br \/>\n                    <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/front&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=3&amp;c=33Y7bPm86WvxYdpUzeFX-55gAAAAY&amp;t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                        <img decoding=\"async\" src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/front&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=3&amp;c=33Y7bPm86WvxYdpUzeFX-55gAAAAY&amp;t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0\" loading=\"lazy\" alt=\"\"\/><br \/>\n                    <\/a><br \/>\n                <\/noscript>\n            <\/div>\n<\/p><\/div>\n<p>&#8220;Between the reductions we made in November and the ones we&#8217;re sharing today, we plan to eliminate just over 18,000 roles. Several teams are impacted; however, the majority of role eliminations are in our Amazon Stores and People Experience and Technology organizations,&#8221; he said.<\/p>\n<p>He said the company was working to support those who will lose their jobs. Packages include a separation payment, transitional health insurance benefits, and external job placement support.<\/p>\n<div aria-hidden=\"true\" class=\"adun\" data-pos=\"top\" data-raptor=\"falcon\" data-xsm=\",fluid,mpu,\" data-sm=\",fluid,mpu,\" data-md=\",fluid,mpu,\">\n            <noscript><br \/>\n                <a href=\"https:\/\/pubads.g.doubleclick.net\/gampad\/jump?co=1&amp;iu=\/6978\/reg_offprem\/front&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y7bPm86WvxYdpUzeFX-55gAAAAY&amp;t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" target=\"_blank\" rel=\"noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/pubads.g.doubleclick.net\/gampad\/ad?co=1&amp;iu=\/6978\/reg_offprem\/front&amp;sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&amp;tile=4&amp;c=44Y7bPm86WvxYdpUzeFX-55gAAAAY&amp;t=ct%3Dns%26unitnum%3D426raptor%3Dfalcon%26pos%3Dmid%26test%3D0\" loading=\"lazy\" alt=\"\"\/><br \/>\n                <\/a><br \/>\n            <\/noscript>\n        <\/div>\n<p>Jassy added that Amazon would be &#8220;inventive, resourceful, and scrappy in this time when we&#8217;re not hiring expansively and eliminating some roles.&#8221; Venturing into a ponderous tone, the CEO pointed out that the leadership principle &#8220;Invent and Simplify&#8221; applied to &#8220;finding a way to do more for customers at a lower cost&#8221; as well as tech innovation.<\/p>\n<p>Amazon has been hit by the return of in-store shopping after Covid-related restrictions were lifted across the globe. Online sales fell during the first half of 2022 but grew 7 percent in the third quarter compared to the prior year. The company has also been hit by increasing fuel prices, inflation and supply chain difficulties.<\/p>\n<p>Amazon this week agreed an $8 billion unsecured loan from several unnamed lenders, according to a Securities and Exchange Commission <a target=\"_blank\" href=\"https:\/\/d18rn0p25nwr6d.cloudfront.net\/CIK-0001018724\/7476175c-3cd0-4870-b924-c246f756d9b4.pdf\" rel=\"noopener\">filing<\/a> [PDF] on Tuesday. The brown box shifter later told Reuters &#8220;the uncertain macroeconomic environment&#8221; meant it was using &#8220;different financing options to support capital expenditures, debt repayments, acquisitions, and working capital needs.&#8221;<\/p>\n<p>In November last year, reports claimed Amazon&#8217;s Worldwide Digital unit, where <a target=\"_blank\" href=\"https:\/\/www.theregister.com\/2022\/11\/23\/voice_assistants_fail\/\" rel=\"noopener\">Echo smart speakers and Alexa voice technology are nested<\/a>, hit an operating loss of over $3 billion. It was claimed the vast majority of the losses were tied to Amazon&#8217;s Alexa and other devices. Amazon responded that it was as committed as ever to Echo and Alexa would &#8220;continue to invest heavily in them.&#8221; \u00ae<\/p>\n<\/p><\/div>\n<iframe data-lazy=\"true\" data-src=\"https:\/\/www.fiverr.com\/gig_widgets?id=U2FsdGVkX18x7XQvttUTrv1oEqmGNGTgvvCUiUoJ\/AP4z\/UyMz8lXGOLpu15jIMxBbTR0gmD5uBoFvhC4KWeALQRp3h\/X\/AwcVD0K8Wj9H\/ZzYKzcCNHosB9oS4SCJJFWiN85P9ICAc4OgCoE\/wHKIY7CDkf2\/DQ1vqGvk4smVe5cRDEmrLPCWi4FC8p40VUhSmWQ5udCm0zoJtorgWv3vbDQw0kKYkwn39ozAnQXDe+YvWMxkLFWA+O3TFwkJvdkIK+\/AUSnRssPKt5WHY0FhNOxnSPcLslEL4G4\/RfP95ve99U+kRnDy3X+KtzdQLY+u935ghON\/o3UE4IMv9oN6JX9RnxzL\/LRcOgnHigxStSGPKsZYtnz8RWNVT\/rOLAibqiWJadC5MYHRbekF3eg6FOGrQGkXYbsn0+a5aovnlLCbLwIqY9fcS17UX8J235iQ6cdmHNbrPeS84CMm34RA==&affiliate_id=1052423&strip_google_tagmanager=true\" loading=\"lazy\" data-with-title=\"true\" class=\"fiverr_nga_frame\" frameborder=\"0\" height=\"350\" width=\"100%\" referrerpolicy=\"no-referrer-when-downgrade\" data-mode=\"random_gigs\" onload=\" var frame = this; var script = document.createElement('script'); script.addEventListener('load', function() { window.FW_SDK.register(frame); }); script.setAttribute('src', 'https:\/\/www.fiverr.com\/gig_widgets\/sdk'); document.body.appendChild(script); \" ><\/iframe>\n<br \/><a href=\"https:\/\/go.theregister.com\/feed\/www.theregister.com\/2023\/01\/05\/tech_workers_in_the_firing\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon is set to make around 18,000 job cuts, with tech teams among those bearing the brunt of the losses. The move followed CRM giant&#8230;<\/p>\n","protected":false},"author":1,"featured_media":27869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-27868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-universe"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tech workers in firing line as Amazon set to cut 18,000 jobs \u2022 The Register - mailinvest.blog<\/title>\n<meta name=\"description\" content=\"Technology is forever changing, and there are always new pieces of technology to replace obsolete ones. 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