Amazon and Salesforce announce job cuts
After experiencing an unexpected growth spurt during the pandemic, two big techs are planning to trim tens of thousands of jobs as they start a new year within an unstable economy.
With a workforce of over 1.5 million employees, Amazon made their announcement of cutting 18,000 jobs within their corporate; regular hourly employees will not be affected. Amazon CEO Andy Jassy share in a blog post that he previously made announcements in November of last year of job cuts, “Today, I wanted to share the outcome of these further reviews, which is the difficult decision to eliminate additional roles.” Jassy goes on to say, “Between the reductions we made in November and the ones we’re sharing today, we plan to eliminate just over 18,000 roles.”
Salesforce Co-CEO, Marc Benioff, made the announcement that the company will be laying off 10% of its 73,541 employees. Benioff has accepted responsibility for the company’s growth spurt during the pandemic and now trying to manage through the economic downturn, “As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that.”