The two boom years of the pandemic come to an end. The invasion of Ukraine has caught tech companies off guard. Your workers will pay for it.
amazon lay off this week to 10,000 workers, according to The New York Times, which cites sources from the company itself. It would be the largest batch of layoffs of his story.
The pandemic catapulted the benefits of social networks, streaming services and e-commerce platforms. With people stuck at home, what they did was use Facebook and WhatsApp, watch Netflix, and buy things on Amazon.
in these two years they hired a lot of staff, to increase your business. They surely deduced that Demand would drop after the pandemicbut they could manage it.
The bad foresight of technology
What nobody anticipated is that unforeseen element called Vladimir Putin. The invasion of Ukraine It has launched the theory of chaos, the butterfly effect that has caused high inflation, the increase in the price of raw materials, and the fall in consumption and advertising.
The income of the technology companies they have plummeted, compounded by the fact that all of them have had to abandon their businesses in Russia.
And as always, a revenue and advertising crisis means the mass layoffs of workers.
Facebook fired a few days ago 11,000 workersTwitter to half of its staff, and according to The New York Timesvia Business Insider, Amazon will dismiss a 10,000 workers this week. According to their informants, the affected areas will be human resources, retail Y Alexa-associated smart devices.
Amazon has 1.5 million workers, so percentagewise it is not a high number. But on a human level, 10,000 layoffs it’s terrible.
According to the website layoffs.fyi, which keeps track, in the last 15 days technology such as Meta, Twitter and Stripe have laid off 24,000 people. in which we have 2022, 789 companies technological they have fired a 121,413 employeesin what we have from 2022.
The 10,000 Amazon layoffs scheduled for this week, will make this list grow. It is not strange that governments are pressing Putin to stop the war. Despite everything, we continue to live in a globalized world where everything affects everyone.
