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Amazon Web Services lays off hundreds of tech, sales staff: report
Economic Times
·
1y ago
Medial
Amazon Web Services has reportedly laid off hundreds of employees in its physical retail technology unit, as well as in its sales, marketing, and global services division. The layoffs are said to be part of a wider reorganization under sales chief Matt Garman. Amazon and AWS have not responded to requests for comment on the reported cuts.
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Amazon sees opportunity to lower costs in fulfillment network, CEO says
Economic Times
·
1y ago
Medial
Amazon.com CEO Andy Jassy has stated that the company is looking to reduce costs in its fulfillment network. Following recent staff cuts in several divisions, Amazon aims to lower its cost to serve while also delivering faster for customers. Jassy emphasized that they have reevaluated every part of the network and identified areas where further cost reductions can be made. In recent months, Amazon has laid off hundreds of employees in divisions such as Amazon Web Services, Prime Video, healthcare, and Alexa. Shares of Amazon were down 1% in premarket trading.
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Tech layoffs in January 2024: CEO fires the whole company over 2-minute call; Google, Microsoft, Amazon continue layoffs; job cuts at TikTok, Flipkart, Swiggy, and others
Startup News FYI
·
1y ago
Medial
In January 2024, several tech companies implemented job cuts. Frontdesk fired all 200 employees during a two-minute call, Google laid off hundreds of staff across various divisions, Microsoft cut 1,900 jobs, Amazon announced layoffs in Audiobooks, Prime Video, and Twitch divisions, Xerox reduced its workforce by 15%, Unity Software cut 1,800 jobs, Discord laid off 17% of its employees, eBay cut 1,000 jobs, Flipkart laid off 1,000 employees, Swiggy laid off 400 employees, Riot Games cut 11% of its staff, TikTok laid off 60 workers, and Salesforce announced 700 job cuts.
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Amazon competitor Zulily curtails operations, lays off hundreds
Economic Times
·
1y ago
Medial
Zulily, a former competitor of Amazon, is reportedly laying off hundreds of employees and shutting down operations. The company will lay off 292 workers in Washington and close its headquarters and several other facilities. Additionally, warehouses in Nevada and Ohio will be closed, resulting in 547 more layoffs. This follows previous rounds of layoffs and the resignation of Zulily's CEO. Zulily, which went public in 2013 and had a market value of $7 billion in 2014, was purchased by Liberty Interactive-QVC in 2015 and later sold to private equity firm Regent.
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TikTok lays off employees to reduce costs
Economic Times
·
1y ago
Medial
TikTok has laid off a certain number of employees in its sales and advertising division in an effort to reduce costs. While reports vary, it is estimated that around 60 to at least 100 employees were asked to leave. This move follows a series of job cuts from other tech companies, including Google and Amazon. Despite the layoffs, TikTok still has around 7,000 employees in the US and over 150 million active users in the country.
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Zopper lays off 100 employees amid cost-cutting measures
Inshorts
·
2m ago
Medial
An insurance-focused SaaS startup, Zopper, has laid off approximately 100 employees in 2025. The latest round occurred in April, affecting around 50 members of the tech and product teams. Earlier this year, the company also dismissed 20 employees from these teams and its entire 40-person insurance staff. The layoffs are reportedly part of ongoing cost-cutting measures.
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Business Insider lays off 21 percent of staff to “endure extreme traffic drops.”
The Verge
·
1m ago
Medial
Business Insider has laid off 21% of its staff due to significant drops in web traffic. CEO Barbara Peng announced a strategic shift in focus, moving away from categories previously successful on external platforms and scaling down its search-dependent Commerce business. The company plans to emphasize AI initiatives, including using Enterprise ChatGPT and an AI paywall. The decision reflects changes in online content consumption patterns and challenges with maintaining traffic levels.
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Google lays off hundreds of employees in Android, Pixel Group: Report
Economic Times
·
3m ago
Medial
Alphabet's Google has laid off hundreds of employees in its platforms and devices unit, which focuses on Android software, Pixel phones, and the Chrome browser. The decision, reported by The Information, reflects ongoing adjustments within the tech giant. This development highlights Google's strategic shift and resizing of its workforce in the highly competitive technology sector, impacting teams involved with prominent product lines such as Android and Chrome.
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Bootstrapped Chennai-based SaaS firm Kissflow lays off 45-50 employees
Money Control
·
1y ago
Medial
Chennai-based SaaS firm Kissflow has laid off 15% of its workforce, affecting around 45-50 employees across sales, marketing, and product development. The layoffs resulted from shifting product strategies and annual performance reviews. Before the cuts, the firm employed over 400 people, with affected staff in India, the US, and the UAE. Kissflow offers cloud-based no-code and low-code work management products.
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Amazon freezes retail hiring budget for 2025 amid job cuts
Economic Times
·
1m ago
Medial
Amazon is freezing its hiring budget for its retail division in 2025, focusing on fixed operating expenses instead of headcount targets. This change only affects corporate staff within the retail sector, not warehouse workers or Amazon Web Services employees. Despite the hiring budget freeze, Amazon will continue recruiting where necessary. The decision follows recent job cuts intended to enhance efficiency, aligning with CEO Andy Jassy's efforts to boost profitability and reduce bureaucracy.
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Zoom lays off 150 employees
Economic Times
·
1y ago
Medial
Zoom, the popular video conferencing platform, has announced that it will be laying off around 150 employees, accounting for approximately 1% of its workforce. The move comes as Zoom restructures its sales team in order to better align with its evolving business needs. Despite the layoffs, Zoom has experienced exponential growth during the COVID-19 pandemic, as businesses and individuals rely on its services for remote work and communication.
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