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amazon layoffs: Amazon lays off about 100 employees in its gaming divisions

Amazon.com Inc. laid off about 100 employees in its video-game divisions as part of its broader cutbacks, affecting workers at Prime Gaming, Game Growth and the company’s San Diego studio.“Our resources will be aligned to support our focus on content,” Games Vice President Christoph Hartmann wrote in a memo to employees Tuesday. “Going forward, we will continue to invest in our internal development efforts, and our teams will continue to grow as our projects progress.” Amazon has struggled to capitalize on its resources…

Amazon raises pay for UK operations employees

Amazon.com Inc on Wednesday raised the minimum starting pay for its employees at the UK operations to between 11 pounds ($13.50) and 12 pounds per hour. The move comes after workers at an Amazon warehouse in Coventry, central England, had struck work for several days in a dispute over pay earlier this year. The increase will depend on locations and start from April, the company said. "We're listening to Amazon workers and the message is very clear: this new pay rate is an insult," said Amanda Gearing, senior organiser of…

Google started laying off employees in China: Know more

Image Source : PIXABAY Google Google has reportedly started to lay off employees based in China. Employees who are hitting the senior positions and those who are high-paying workers in the tech giant's office are the ones who are losing their job this time. The news surfaced in the global announcement that the company made today. ALSO READ: Dyson Purifier Hot+Cool-…

amazon second headquarters: Amazon pauses construction of second headquarters in Virginia amid mass layoffs, economic uncertainty

Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company's history and its shifting plans around remote work.The Seattle-based company is delaying the beginning of construction of PenPlace, the second phase of its headquarters development in northern Virginia, Amazon's real estate chief John Schoettler said in a statement. He said the company has already hired more than 8,000 employees and will welcome them to the Met Park campus, the first phase of…

Amazon Is Targeted by Businesses Relying on the Online Retailer to Sell Goods

Businesses that rely on Amazon.com Inc. to sell their goods are beginning to band together against the e-commerce retail behemoth. A trio of well-connected antitrust advocates on Thursday launched the Responsible Online Commerce Coalition, which represents a group of small businesses and large brands that will push for the US government to pare back Amazon's power over the online shopping ecosystem. “We believe Amazon's been given a pass to a large extent,” said Damien Geradin, one of the advocates spearheading the

Big Tech Binged on Workers During Covid. Now, the Purge.

The spate of layoffs is a reaction to a hiring wave during the pandemic that got out of hand. But will it be an overreaction? The layoff announcements coming lately from the chief executive officers of big technology companies all contain variations on the theme of “we hired too many people during the pandemic,” expressed with varying degrees of contrition. At one end of the spectrum are Seattleites Andy Jassy of Amazon.com Inc. and Satya Nadella of Microsoft Corp. Amazon's layoffs were simply an outgrowth of its

Amazon to Sell Bay Area Office Complex as Sales Growth Cools

Amazon.com Inc. is selling a vacant Bay Area office complex purchased about 16 months ago, in an effort to unwind a pandemic-era expansion that left it with a surfeit of warehouses and employees. Amazon.com Inc. is selling a vacant Bay Area office complex purchased about 16 months ago, the company's latest effort to unwind a pandemic-era expansion that left it with a surfeit of warehouses and employees. Amazon in October 2021 paid $123 million for the 29-acre property in Milpitas, California, part of a strategy to

Tech layoffs: Tech layoffs shock young workers. The older people? Not so much

When Lyft laid off 13% of its workers in November, Kelly Chang was shocked to find herself among the 700 people who lost their jobs at the San Francisco company."It seemed like tech companies had so much opportunity," said Chang, 26. "If you got a job, you made it. It was a sustainable path."Brian Pulliam, on the other hand, brushed off the news that crypto exchange Coinbase was eliminating his job. Ever since the 48-year-old engineer was laid off from his first job at the video game company Atari in 2003, he said that he…

Amazon axes charity program amid wider cost-cutting moves

Amazon is ending a charity donation program it ran for a decade in its latest cost-cutting move. Amazon is ending a charity donation program it ran for a decade in its latest cost-cutting move. In a blog post on Wednesday, the company said the program, called AmazonSmile, will shut down by February 20 because it had “not grown to create the impact” the retailer had hoped. The program allowed Amazon to donate a small percentage of eligible purchases to a charity selected by shoppers.