January 21, 2023
Tech sector layoffs from pandemic-era overhiring continue at Amazon and Microsoft, and they’re spilling over into the cloud businesses. Furthermore, just announced Friday, Google says it’s cutting 12,000 workers — no word yet how that impacts Google Cloud.
Keep up with our telecom-IT layoff tracker to see which companies are cutting jobs and the ensuing channel impact.
It’s no secret that many companies, especially those able to support remote work, added excess numbers of employees during COVID-19. They needed more brains and bodies to stay abreast of unprecedented demand that would keep customers (and themselves) running amid lockdowns and upended business models.
Now, as the virus has waned, and macroeconomic pressures hurt revenue and margins, organizations are reacting to the bloat. Tech sector layoffs, especially, abound. And cloud providers are no exception, leading to this week’s ramped-up layoff activity.
Check out our slideshow above as we look at what’s happening at Amazon Web Services and Microsoft Azure. And while there’s no firm layoffs word yet from Google Cloud, we discuss the world’s third-largest hyperscaler, too.
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