{"id":21740,"date":"2022-11-17T11:06:08","date_gmt":"2022-11-17T11:06:08","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts"},"modified":"2022-11-17T11:18:56","modified_gmt":"2022-11-17T11:18:56","slug":"amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts","title":{"rendered":"Amazon staff laid off as tech giants cut costs, according to LinkedIn posts"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>Technology giant Amazon has started laying off staff, according to LinkedIn posts by workers who say they have been impacted by job cuts. This week it was reported that the company is planning to cut 10,000 jobs, or around 3% of its office staff.<\/p>\n

Amazon did not immediately respond to a BBC request for comment. It comes as thousands of jobs are being shed across the technology industry as firms see sales slow amid growing concerns about an economic downturn.<\/p>\n

Posts seen by the BBC include those from employees in Amazon\u2019s Alexa virtual assistant business, Luna cloud gaming platform division and Lab126 \u2013 the operation behind the Kindle e-reader.<\/p>\n

One employee, who said that she worked as a software development engineer in the US, posted that she was looking for a new job: \u201cDue to the nature of my visa, I have a limited time to lookout for new work opportunities.<\/p>\n

\u201d<\/p>\n

Another Amazon worker who said they had been impacted by the layoffs said: \u201cOf course I am saddened, yet optimistic about the future because I know this means good change for me and others on my team.<\/p>\n

\u201d The company had already introduced a hiring freeze and halted some of its warehouse expansions, warning it had over-hired during the pandemic.<\/p>\n

It had also taken steps to shut some parts of its business, cancelling projects such as a personal delivery robot. Last month Amazon\u2019s founder and chairman Jeff Bezos warned that the US economy was sending a signal to \u201cbatten down the hatches\u201d.<\/p>\n

Amazon\u2019s share price has fallen by more than 40% this year as it grapples with a slowdown in online sales. Other major technology companies have already announced major layoffs as they cut costs.<\/p>\n

Last week Meta \u2013 which owns Facebook, Instagram and WhatsApp \u2013 announced that it would cut 13% of its workforce. The first mass lay-offs in the firm\u2019s history will result in 11,000 employees losing their jobs.<\/p>\n

Shortly after Elon Musk took over Twitter it was confirmed that he would cut the social media platform\u2019s headcount by around 50%. In recent weeks technology giant Microsoft, payment processing platform Stripe and cloud-based business software firm Salesforce have also announced layoffs.<\/p>\n

\u2018Amazon is very, very bloated\u2019<\/p>\n

One Seattle-based technology industry insider, who wished to remain anonymous, told the BBC that the job market had changed significantly in recent weeks.<\/p>\n

\u201cThe last two years has been great for job opportunities because of remote work meaning you don\u2019t have to isolate a job search to your local area.<\/p>\n

So that\u2019s seen the scramble for talent be very competitive and wages have gone up really high. \u201d \u201cWhat we\u2019re seeing now is a contraction in budgets and staffing.<\/p>\n

\u201d He said some technology firms companies, including Amazon, are likely to be hit particularly hard.<\/p>\n

\u201cAmazon is very, very bloated. So there\u2019s lots of people there but they\u2019re not providing a lot of value so they\u2019re first on the chopping block. \u201d<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. Technology giant Amazon has started laying off staff, according to LinkedIn posts by workers who say they have been impacted by job cuts. This week it was reported that the company is planning to cut 10,000 jobs, or around 3% of its office staff. Amazon did not immediately respond to a BBC […]<\/p>\n","protected":false},"author":84,"featured_media":21739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,246,192,245],"class_list":["post-21740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-lesotho","tag-amazon","tag-lesotho"],"yoast_head":"\nAmazon staff laid off as tech giants cut costs, according to LinkedIn posts - Lesotho<\/title>\n<meta name=\"description\" content=\"Technology giant Amazon has started laying off staff, according to LinkedIn posts by workers who say they have been impa ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon staff laid off as tech giants cut costs, according to LinkedIn posts\" \/>\n<meta property=\"og:description\" content=\"Technology giant Amazon has started laying off staff, according to LinkedIn posts by workers who say they have been impa ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-17T11:06:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-17T11:18:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/11\/postQueueImg_1668670606.06.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"976\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Amazon staff laid off as tech giants cut costs, according to LinkedIn posts\",\"datePublished\":\"2022-11-17T11:06:08+00:00\",\"dateModified\":\"2022-11-17T11:18:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts\"},\"wordCount\":514,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/11\/postQueueImg_1668670606.06.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Amazon\",\"Lesotho\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/amazon-staff-laid-off-as-tech-giants-cut-costs-according-to-linkedin-posts\",\"name\":\"Amazon staff laid off as tech giants cut costs, according to LinkedIn posts - 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