Amazon has performed the biggest layoff in the history of the tech industry by removing more than 14,000 people to date. According to the latest data related to the Amazon layoffs from CNBC, around 40
per cent of the total were engineers. These job cuts affected areas like New York, New Jersey, California, and Washington, especially for engineer roles. This financial year, Amazon is all set to reach record profits and show strong earnings, but of course, that comes at a cost, which has been paid by thousands of employees. For your information, until now, more than 1,13,000 jobs have disappeared from Silicon Valley, which is a huge number consisting of layoffs from a total of 230 companies.
What the Report By CNBC Says?
Now, CNBC's analysis of the State-level filings shows that around 40 percent of the gets are related to the eingineering department. The data has been taken from Worker Adjustment and Retraining Notification (WARN). And keeping in mind that not all the US states reveal the full data of layoffs, the original number could be pretty higher than what we are getting to see.
Also Read: Tech Layoffs 2025: Who’s Firing, Why It’s Happening, And What Comes NextAs for the reason, Amazon CEO Andy Jassy said that these job cuts are a part of a massive cultural reset at the company to make the organisation sustain in the market and outclass its competition. Amazon also addressed the layoffs by saying, 'Some may ask why we’re reducing roles when the company is performing well. Across our businesses, we’re delivering great customer experiences every day, innovating at a rapid rate, and producing strong business results. What we need to remember is that the world is changing quickly. This generation of AI is the most transformative technology we’ve seen since the Internet, and it’s enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones).'