“: Amazon’s second wave of layoffs hits thousands of employees across three states”
Notifications in California, New York and Amazon’s home state of Washington show that more than 3,000 workers have been cut
More than 3,000 Amazon.com Inc. employees in New York, California and the company’s home state of Washington were recently notified that they are losing their jobs as part of a second big wave of the company’s mass layoffs.
As required by law, Amazon
filed notices of the job cuts with the three states this week and last week. The filings show that 2,320 employees have lost their jobs in Seattle and Bellevue, Wash., with an effective date of March 19. That’s the same effective date for the 504 employees who have lost their jobs in various locations in four cities in California, most of them in the Silicon Valley town of Sunnyvale. And 299 employees were laid off from different locations in New York City, effective April 18.
Tracking the tech layoffs: Amazon, Google and Microsoft among companies cutting workers
While the company’s filings in Washington and New York don’t disclose the positions eliminated, the ones in California show that the cuts affected software engineers, program managers, research scientists, applied scientists, recruiters and more.
The internet giant is just one of most big tech companies eliminating tens of thousands of jobs. Most recently, Google parent Alphabet Inc.
and Microsoft Corp.
announced 12,000 and 10,000 layoffs, respectively. About 60,000 tech job cuts have been announced this year so far, according to one tally. Other big tech companies that are cutting thousands of jobs include Facebook parent Meta Platforms Inc.
and Cisco Systems Inc.
See: ‘It is an employer’s market’: Tech layoffs may have turned the Great Resignation into the Great Recommitment
Amazon’s stock has rebounded so far this year amid the layoffs, gaining 15.6% in January as the S&P 500 index
increased 4.7%. Shares declined 49.6% in 2022, wiping away $834 billion in market capitalization, the second largest 2022 market-cap decline on the S&P 500.
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