Big Tech isn’t done with layoffs as Google, Amazon announce cuts

SAN FRANCISCO — The wave of layoffs that has broken over Silicon Valley in the past two years isn’t over.

On Wednesday, Google confirmed it had cut hundreds of engineering and hardware workers as it sought to cut costs and refocus on artificial intelligence. The same day, Amazon said it would cut some positions at its Prime Video and MGM Studios entertainment divisions. Twitch, a video game streaming company owned by Amazon, also said it was laying off 500 staff members.

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Source Link: https://www.washingtonpost.com/technology/2024/01/11/google-amazon-layoffs-fitbit-mgm/

Author: BLOGGER