The policy change is reportedly expected to affect remote workers and those who moved during the pandemic. The remote workers will be required to report to one of the “main hub” offices, including those located in Seattle, San Francisco, and New York.

It is currently unclear how many employees will be affected by the change, with the decision being made “on a departmental basis.”

“There’s more energy, collaboration, and connections happening since we’ve been working together at least three days per week, and we’ve heard this from lots of employees and the businesses that surround our offices,” an Amazon spokesperson said in a statement provided to Bloomberg. “We continue to look at the best ways to bring more teams together in the same locations, and we’ll communicate directly with employees as we make decisions that affect them.”

Amazon received a significant backlash from its workers after announcing the “three days per week in the office” policy back in May, with employees at the Seattle offices staging a walkout in protest.

The post Amazon Will Have Some of Its Workers Relocate as Part of the “Return-to-Office” Push appeared first on theprimarymarket.com.

According to a recent report published by Bloomberg, Amazon, and Google, as well as some other big U.S. companies working in Europe, are finding it hard to cut jobs. The main reason is that EU labor laws are stricter than the ones in the U.S. and make large-scale layoffs a huge challenge.

The process of bigger job cuts in Europe can’t be completed without completing various steps, including talks and negotiations with employee councils. This means that going through with the layoffs will be much more laborious for tech companies than they envisioned.

Trying to overcome these problems, Amazon and Google have started offering incentives and generous severance packages to affected workers in an attempt to encourage them to leave their jobs voluntarily. For example, Amazon offered some senior managers “as much as one year’s pay,” among other benefits, to try and get them to leave.

“We have been working carefully and individually through each country where reductions are taking place to fully adhere to local legal requirements, which vary per location, are complex, and take time,” a Google spokesperson wrote in the mail when reached out by Bloomberg.

Amazon announced additional layoffs in March that will see the company trim its workforce by 9,000 employees. Google, on the other hand, announced in January that it would cut around 12,000 jobs. 

The post Amazon and Google Facing Obstacles in Conducting Planned Layoffs in Europe appeared first on theprimarymarket.com.

Back in November, Amazon had its first big round of layoffs, parting ways with 10,000 workers. This was followed by the exit of another 8,000 employees in early 2023. At the time, affected teams felt caught off guard by the actions, which is why the company has now decided to make an early announcement.

Reuters reports that the layoffs will affect teams involved in Amazon Web Services and other “advertising and cloud computing divisions” as well as the streaming platform Twitch. Around 400 Twitch employers will be laid off, according to a blog post published by Twitch CEO Dan Clancy.

“Like many companies, our business has been impacted by the current macroeconomic environment, and user and revenue growth has not kept pace with our expectations. In order to run our business sustainably, we’ve made the very difficult decision to shrink the size of our workforce,” Clancy wrote.

Amazon has made several other moves in 2023 to cut costs, including putting an end to some experimental projects and closing several of its cashierless Amazon Go stores. Eight stores in total are set to close in Seattle, San Francisco, and New York.

Amazon’s stock surged around 3 percent on Tuesday, trading at $100.66 before close hours. The company’s shares are 17 percent up year-to-date.

The post Amazon Doubles Down On Layoffs, Will Trim Its Workforce by Another 9,000 Employees appeared first on theprimarymarket.com.

At several locations, the pool of workers was almost depleted around the time the memo was compiled. This included Phoenix’s metro area and California’s Inland Empire metropolitan area, where Amazon should have no people to hire since late 2021.

“If we continue business as usual, Amazon will deplete the available labor supply in the US network by 2024,” said the memo.

It is important to note that Amazon’s research didn’t take into consideration the entire adult population that is able to work. Instead, it was based on certain characteristics that included proximity to Amazon warehouses and income levels.

The memo identifies several steps that could help Amazon avoid a worst-case scenario by 2024. This includes “raising wages” and “increasing warehouse automation.” However, this would only work short term. If the company wants to set itself up for a prosperous future, it would need to engage in “a series of sweeping changes” regarding the way it does business and manages its employees.

The post Amazon Will Run Out of People to Hire by 2024 According to Internal Memo appeared first on theprimarymarket.com.

The policy change is reportedly expected to affect remote workers and those who moved during the pandemic. The remote workers will be required to report to one of the “main hub” offices, including those located in Seattle, San Francisco, and New York.

It is currently unclear how many employees will be affected by the change, with the decision being made “on a departmental basis.”

“There’s more energy, collaboration, and connections happening since we’ve been working together at least three days per week, and we’ve heard this from lots of employees and the businesses that surround our offices,” an Amazon spokesperson said in a statement provided to Bloomberg. “We continue to look at the best ways to bring more teams together in the same locations, and we’ll communicate directly with employees as we make decisions that affect them.”

Amazon received a significant backlash from its workers after announcing the “three days per week in the office” policy back in May, with employees at the Seattle offices staging a walkout in protest.

The post Amazon Will Have Some of Its Workers Relocate as Part of the “Return-to-Office” Push appeared first on theprimarymarket.com.

According to a recent report published by Bloomberg, Amazon, and Google, as well as some other big U.S. companies working in Europe, are finding it hard to cut jobs. The main reason is that EU labor laws are stricter than the ones in the U.S. and make large-scale layoffs a huge challenge.

The process of bigger job cuts in Europe can’t be completed without completing various steps, including talks and negotiations with employee councils. This means that going through with the layoffs will be much more laborious for tech companies than they envisioned.

Trying to overcome these problems, Amazon and Google have started offering incentives and generous severance packages to affected workers in an attempt to encourage them to leave their jobs voluntarily. For example, Amazon offered some senior managers “as much as one year’s pay,” among other benefits, to try and get them to leave.

“We have been working carefully and individually through each country where reductions are taking place to fully adhere to local legal requirements, which vary per location, are complex, and take time,” a Google spokesperson wrote in the mail when reached out by Bloomberg.

Amazon announced additional layoffs in March that will see the company trim its workforce by 9,000 employees. Google, on the other hand, announced in January that it would cut around 12,000 jobs. 

The post Amazon and Google Facing Obstacles in Conducting Planned Layoffs in Europe appeared first on theprimarymarket.com.

Back in November, Amazon had its first big round of layoffs, parting ways with 10,000 workers. This was followed by the exit of another 8,000 employees in early 2023. At the time, affected teams felt caught off guard by the actions, which is why the company has now decided to make an early announcement.

Reuters reports that the layoffs will affect teams involved in Amazon Web Services and other “advertising and cloud computing divisions” as well as the streaming platform Twitch. Around 400 Twitch employers will be laid off, according to a blog post published by Twitch CEO Dan Clancy.

“Like many companies, our business has been impacted by the current macroeconomic environment, and user and revenue growth has not kept pace with our expectations. In order to run our business sustainably, we’ve made the very difficult decision to shrink the size of our workforce,” Clancy wrote.

Amazon has made several other moves in 2023 to cut costs, including putting an end to some experimental projects and closing several of its cashierless Amazon Go stores. Eight stores in total are set to close in Seattle, San Francisco, and New York.

Amazon’s stock surged around 3 percent on Tuesday, trading at $100.66 before close hours. The company’s shares are 17 percent up year-to-date.

The post Amazon Doubles Down On Layoffs, Will Trim Its Workforce by Another 9,000 Employees appeared first on theprimarymarket.com.

At several locations, the pool of workers was almost depleted around the time the memo was compiled. This included Phoenix’s metro area and California’s Inland Empire metropolitan area, where Amazon should have no people to hire since late 2021.

“If we continue business as usual, Amazon will deplete the available labor supply in the US network by 2024,” said the memo.

It is important to note that Amazon’s research didn’t take into consideration the entire adult population that is able to work. Instead, it was based on certain characteristics that included proximity to Amazon warehouses and income levels.

The memo identifies several steps that could help Amazon avoid a worst-case scenario by 2024. This includes “raising wages” and “increasing warehouse automation.” However, this would only work short term. If the company wants to set itself up for a prosperous future, it would need to engage in “a series of sweeping changes” regarding the way it does business and manages its employees.

The post Amazon Will Run Out of People to Hire by 2024 According to Internal Memo appeared first on theprimarymarket.com.