Microsoft, Amazon set to erase 28,000 jobs as tech slump deepens

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Microsoft, Amazon set to erase 28,000 jobs as tech slump deepens
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Microsoft and Amazon began cutting a total of 28,000 jobs in a post\u002Dpandemic reckoning that has left almost no tech name unscathed. Read on.

this quarter, while its Seattle-based neighbour and cloud rival Amazon started sending out emails to people in the United States, Canada and Costa Rica who are among 18,000 people whose positions will be eliminated.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

“During the pandemic there was rapid acceleration. I think we’re going to go through a phase today where there is some amount of normalization in demand,” Nadella said in an interview at the World Economic Forum in Davos, Switzerland. “We will have to do more with less — we will have to show our own productivity gains with our own technology.”

“These are the kinds of hard choices we have made throughout our 47-year history to remain a consequential company in this industry that is unforgiving to anyone who doesn’t adapt to platform shifts,” Nadella said in a blog post and email to staff. The eliminations started last year and initially fell hardest on Amazon’s Devices and Services group, which builds the Alexa digital assistant and Echo smart speakers. The latest round will mostly affect the retail division and human resources.Article content

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