On Wednesday, Google confirmed that it has cut hundreds of engineering and hardware staff 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. This is where workers were laid off in 2023At Google, the cuts were a continuation of layoffs that affected teams including its Waze navigation app, new hires and Google News. The cuts at Amazon and Google this week are small compared to the thousands of workers the two companies are planning to lay off in 2022 and 2023. The layoffs rocked Silicon Valley and marked the end of an era when tech workers were confident they could move from a higher-paying job to a higher-paying job every few years.

Source: Washington Post January 11, 2024 17:40 UTC