The process of layoffs has started once again across the world. Amazon (Amazon.com) has started showing the way out to hundreds of employees from Prime Video and Studio business. Google’s parent company Alphabet Inc. is also laying off employees from many verticals for cost cutting.
Layoffs in Amazon’s streaming video and studio divisions
Mike Hopkins, head of the streaming video and studio division at Amazon, sent an e-mail on Wednesday in which he announced the layoffs. Amazon Prime Video had acquired MGM last year, the heat of layoffs has reached here too. Hopkins said the company will notify US employees on Wednesday morning, while employees in other countries who are on the layoff list will be notified by the end of the week.
Bloomberg reported on Tuesday that Amazon’s Twitch live streaming services are also considering laying off 35% of its staff, which is about 500 employees. Although the process of layoffs in Amazon started from the end of the year 2022 and continued till the beginning of the year 2023, in which the company fired more than 27,000 employees, this was the biggest layoff process in the history of Amazon.
Layoffs in many verticals of Google
On the other hand, Google has started laying off digital assistant, hardware and engineering teams. Which includes employees of voice-based Google Assistant and Augment Reality hardware team. It has been told by the company that this retrenchment will also affect the employees of the Central Engineering Organization team.
A Google spokesperson said that during the second half of 2023, many of our teams have made several big changes to become more efficient and work better, as well as to align our resources with the highest priorities.
The Alphabet Workers Union has raised its voice against these layoffs and criticized it on the social network site X.