CEO fires the whole company over 2-minute call; Google, Microsoft, Amazon continue layoffs; job cuts at TikTok, Flipkart, Swiggy, and others

The ongoing nightmare of technology job cuts, which began in 2023, is carrying on into the year 2024. Reports indicate that technology companies slashed more than 240,000 jobs in the year 2023, marking a 50% increase from the preceding year. While the tech industry has experienced slowdowns in the past, the current wave of layoffs appears exceptionally severe. The latest to cut jobs is Snap. The company has cut more than 10% jobs. Amazon too has announced another round of job cuts. This time Amazon has eliminated hundreds of jobs in its Pharmacy and One Medical divisions. “As we continue to make it easier for people to get and stay healthy, we have identified areas where we can reposition resources so we can invest in invention and experiences that have a direct impact on our customers and members of all ages,” Neil Lindsay, who leads Amazon Health Services, wrote in a memo to employees on Tuesday. “Unfortunately, these changes will result in the elimination of a few hundred roles across One Medical and Amazon Pharmacy.” Here’s a comprehensive look at job cuts observed in the tech sector during January 2024.

Frontdesk CEO fires all 200 employees on a 2-minute callFrontdesk, a US-based prop-tech company, has fired all 200 employees, and CEO Jesse DePinto broke the news during a two-minute Google Meet call. The company has decided to go for a state receivership instead of declaring bankruptcy.

Google cuts hundreds of jobs in tech, advertising and other…