The fear of layoffs is not limited to Google but is spreading across Silicon Valley, with tech giants like Amazon and Meta also announcing job cuts. Amazon has announced layoffs impacting 'several hundred' employees from its Prime Video and MGM Studios division and has hinted at further job cuts based on performance reviews. Meta's recent restructuring has impacted 60 employees, primarily in technical program manager roles, signaling a gradual phasing out of the position.
Key takeaways:
- Google has confirmed laying off over 1,000 employees in recent weeks as part of its ongoing restructuring efforts, causing concerns about future job cuts and insecurity in Silicon Valley.
- The layoffs have affected various departments, including the AI and hardware divisions, and the Google Hardware team responsible for Pixel, Nest, and Fitbit products.
- Other tech giants such as Amazon and Meta have also announced new rounds of job cuts, with Amazon impacting employees from its Prime Video and MGM Studios division, and Twitch laying off 35% of its workforce.
- Meta's restructuring has impacted 60 employees primarily in technical program manager roles, signaling a potential phasing out of this position.