Amazon, Salesforce, and Vimeo cutting over 25000 jobs as major layoffs continue into 2023

2023 has barely started, and Amazon, Salesforce, and Vimeo have already announced over 25,000 job cuts.

Amazon’s CEO Andy Jassy confirmed these massive job cuts, which were initially expected to be around 10,000. As the economy faces uncertain times due to the looming recession, Salesforce has also taken a hit and is now looking to lay off 10% of its workforce. Amazon’s added job cuts will only fuel the fire as businesses struggle to keep up in the wake of such drastic measures.

This is a bleak outlook for Amazon, especially considering its skyrocketing success in 2020 and 2021. Amazon’s share price rocketed as it gained record customers due to pandemic-driven shopping trends — but now, job cuts could all jeopardize that. Amazon will now have to consider how it can continue its growth without compromising the jobs of its employees.

The job cuts come when Amazon faces increasing scrutiny from lawmakers and regulators worldwide. Amazon has been under fire for not paying enough taxes, mistreating workers, and monopolizing the market — all issues that the job cuts could exacerbate. Amazon will need to take action to alleviate concerns and prove that it is still a responsible company despite the layoffs.

The uncertain economy has hit Amazon, Salesforce, and Vimeo hard. It remains to be seen how Amazon will manage its growth with fewer workers — but whatever happens, Amazon must ensure that it remains a responsible business and treats its employees fairly. Only then can Amazon hope to weather the tech winter of 2023 and come out on top.

It’s an uncertain time for Amazon and its employees, but with the right strategy, Amazon can still emerge as a winner in 2023. It all comes down to Amazon’s ability to navigate these difficult times and look after its workers.

The tech winter of 2023 will be remembered as one of the most challenging times Amazon has faced — but with the right moves, Amazon can come out on top and keep its employees safe. Only time will tell what Amazon’s future holds.

Salesforce said it would cut about 10% of its 73,541-strong workforce and close some offices on Wednesday. 

The news came after Amazon said it would cut 18,000 jobs worldwide as part of a more significant restructuring exercise. Salesforce CEO Marc Benioff announced the firm’s annual Dreamforce event in San Francisco and blamed the job cuts on “the pandemic that has rocked our world.” 

The move comes after Amazon’s massive job cuts and indicates that the tech winter is well underway. Amazon initially planned to cut 10,000 jobs but increased it to 18,000azon announced its latest round of job cuts over the last few months, surpassing its initial plans to cut 10,000 jobs. Amazon CEO Andy Jassy said these job reductions were necessary due to the “uncertain economy” and noted that Amazon had made 18,000 people redundant in 2020 too.

Although Salesforce’s layoff plans are more miniature than Amazon’s, the move to reduce its workforce by 10% is still significant. According to Benioff, Salesforce has also invested in new technologies and projects this year but said it was “not immune” to the effects of the pandemic.

It’s clear that Amazon and Salesforce are not alone in feeling the effects of the tech winter — Vimeo, LinkedIn, and other prominent companies have also announced job cuts over the last few months. With Amazon and Salesforce leading the way, many more companies will likely follow suit in reducing headcount due to the pandemic-driven economic uncertainty.

It’s only five days into 2023, but the tech winter is already significantly impacting the tech industry. Amazon and Salesforce have announced job cuts to restructure their operations, while Vimeo and other companies have followed suit. Despite investments in new projects and technologies, companies are still feeling the effects of the pandemic-driven economic uncertainty — leading to job losses across the tech industry.

It remains to be seen how long this tech winter will last and the full extent of its impact on the industry. Nonetheless, Amazon and Salesforce’s job cuts are clear signs that companies must be prepared to face difficult decisions and restructure their operations to survive these uncertain times.