Amazon.com Inc. reportedly plans to lay off thousands of employees as early as this week.. The ultimate number is still to be determined because decisions will be made by division, across units such as devices, retail and human resources, according to the report.
It's unclear how many people the company will cut in Silicon Valley. The Seattle-based company is the region's 10th largest tech employer with more than 5,000 workers here.News of the potential cuts comes less than two weeks after the company told employees it wasTen thousand layoffs would be the most in Amazon's history, representing about 3% of its corporate and tech workforce. But a cut of that size would still be less than 1% of the company's total headcount, which is over 1.
Amazon would be only the latest tech giant with Silicon Valley or Bay Area ties to cut staff or freeze hiring. Last week, Facebook parent company Meta Platforms Inc. disclosed it was
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Why Ampere Computing CEO Renee James is optimimistic amid possible recession - Silicon Valley Business JournalThe former Intel President's chipmaking startup is thriving despite broader industry turmoil.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »
SoftBank Vision Fund faces $100 million loss on FTX investment - Silicon Valley Business JournalOn the same day that FTX filed for bankruptcy, SoftBank revealed how much money it invested in the failing cryptocurrency exchange operator.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »
48,000 University of California instructors, researchers go out on strike - Silicon Valley Business JournalSome 48,000 teaching assistants, student researchers and other non-tenured employees of the University of California went out on strike Monday morning, seeking better pay and benefits.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »
Meta's massive layoffs spark concern over Bay Area economy - Silicon Valley Business JournalBusiness is already slowing at some financial institutions and loan performance is deteriorating.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »
The cities where sky-high wage growth is outpacing inflation - Silicon Valley Business JournalMany employees have received larger-than-normal raises in 2020, but it often hasn't been enough to keep pace with inflation. But there are some exceptions.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »
Jabil plans site closures and 1,000+ temporary layoffs in California - Silicon Valley Business JournalThe global tech manufacturer is briefly suspending more than 1,300 employees in California in connection to the closure of manufacturing facilities in San Jose, Fremont and four other cities.
Fonte: svbizjournal - 🏆 334. / 59 Consulte Mais informação »