• Earlier this week a report from the New York Times suggested Amazon was planning to cut as many as 10 000 jobs.
• Now, Dave Limp, SVP of Devices and Services at Amazon, has confirmed the layoffs are indeed happening.
• This follows a number of big tech firms that have issued hiring freezes or culled significant portions of their workforce.

It looks like the crypto winter has spilled over into a tech winter, as Amazon is the latest company to announce that it is cutting jobs. The confirmation comes after a report from the New York Times earlier in the week noted that as many as 10 000 jobs would be lost.

At the time, Amazon did not comment on the report, but a company-wide memo issued by Dave Limp, SVP of Devices and Services at Amazon, confirms the news.

“After a deep set of reviews, we recently decided to consolidate some teams and programs. One of the consequences of these decisions is that some roles will no longer be required. It pains me to have to deliver this news as we know we will lose talented Amazonians from the Devices & Services org as a result,” Limp explained.

“We notified impacted employees yesterday, and will continue to work closely with each individual to provide support, including assisting in finding new roles. In cases where employees cannot find a new role within the company, we will support the transition with a package that includes a separation payment, transitional benefits, and external job placement support,” he added.

It still remains to be seen just how many teams or divisions within Amazon will be affected by these cuts, with Limp failing to indicate just how many people at the company are being let go.

Given that the figure of 10 000 has been thrown around in reports, it is likely that the Devices and Services team at Amazon will not be the only one impacted by this decision.

With Amazon being the latest to announce layoffs, it looks like the technology industry as a whole is in for a tough few years ahead, with those still fortunate enough to have a job expected to perform at an even more intense level, as is the case at Twitter currently.

Either way, these layoffs will have a negative impact on the technology industry globally.

[Image – Photo by Yender Gonzalez on Unsplash]