Amazon will layoff more employees in 2023
Amazon has already made clear of their intent to layoff more employees in 2023. This could be a huge stress signal for all of 2023. Amazon is the only company to probably admit it.
is it only going to get worse in the upcoming months?
Generally Dec had the highest layoff in some of the orgs, since financial planning happens in Jan with the plan validity till Dec of that year. Now if you are not inline with the original plan, in terms of cost effectiveness, ROI. They end up firing heavily by year end. This year it's strange that they started to fire the shots after December
Some companies got backlash for not letting ppl enjoy Christmas holidays, so they might have shifted a bit
It's a biannual cycle now
Amazon has already made clear of their intent to layoff more employees in 2023. This could be a huge stress signal for all of 2023. Amazon is the only company to probably admit it.
From October , layoffs have increased quite a bit. At least that's what I have been noticing. Personally, I have also been affected and looking for job opportunities since this month.
Do you think number of layoffs have increased or fl...
https://twitter.com/Megatron_ron/status/1752423099117498813?t=Opv2CVizjmI6VrTKhVEIQA&s=19
Crazy numbers! Didn't know it was happening in large numbers
For the first time in these many years, i have got a hike of only 7%, the reason stated is on going concerns in US market. But it is very difficult to digest the same as 2 years prior i got a hike of 26% and now only 7%. I feel being bro...