Here is a snapshot of job cuts announced so far this year:
TECHNOLOGY
* Amazon’s job cuts include less than 5% of employees at Buy with Prime unit, 5% at audiobook and podcast division Audible, several hundred in streaming and studio operations, 35% at streaming unit Twitch, a few hundred at healthcare units One Medical and Amazon Pharmacy. It also announced layoffs at Amazon Web Services (AWS) impacting several hundred roles in sales, marketing, and global services and a few hundred roles in the physical stores technology team.
* Layoffs at Alphabet include dozens at the division for developing new technology X Lab, hundreds in the advertising sales team, hundreds across teams, including the hardware team responsible for Pixel, Nest and Fitbit, and a majority in the augmented reality team.
* Microsoft is cutting around 1,900 jobs at gaming divisions Activision Blizzard and Xbox.
* IBM plans to lay off some employees in 2024 but will hire more for AI-centered roles.
* Intel said it would cut more than 15% of its workforce, some 17,500 people, as the chipmaker pursues a turnaround focused on its money-losing manufacturing business.
* E-commerce firm eBay plans to cut about 1,000 roles or around 9% of its workforce.
* Videogame software…
