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Amazon starts cost cuts with layoffs at devices, services units

Thursday, November 17, 2022
Amazon starts cost cuts with layoffs at devices, services units © Reuters. FILE PHOTO: The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid/File Photo
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(Reuters) -Amazon.com Inc is laying off employees in its devices and services units, America's second largest private employer informed its staff on Wednesday following recent reports that it would cut around 10,000 jobs.

The e-commerce giant did not share details on the number of jobs it will cut or a time period. Its shares were down 3%.

Yet the announcement heralded a dramatic shift for a company known for its job creation and added shape to the latest layoffs in the technology sector.

The reduction covers the devices division that popularized speakers that consumers command through speech.

The retailer once aimed to make Alexa, its voice assistant that powers the devices, ubiquitous and present to place any shopping order, even though it was unclear how widely users have embraced it for more complex tasks than checking the news or weather.

News outlets including Reuters reported on Monday that cuts would amount to some 3% of Amazon (NASDAQ:AMZN)'s roughly 300,000 corporate workforce, leaving warehouse and transportation associates unaffected.

Some individuals working on Alexa took to networking site LinkedIn on Tuesday saying they have lost their jobs. The virtual assistant, a project inspired by a talking computer in science fiction show Star Trek, garnered headcount that grew to 10,000 people by 2019.

At the time, Amazon touted sales of more than 100 million Alexa devices, a figure it has not since refreshed publicly. Founder Jeff Bezos later said the company often sold Alexa devices at a discount and sometimes below cost.

While Amazon toiled to encode intelligent answers to any question Alexa might expect from users, Alphabet (NASDAQ:GOOGL) Inc's Google and Microsoft (NASDAQ:MSFT) Corp-backed OpenAI have had breakthroughs in chatbots that could respond like a human without any hand-holding.

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28-11-2022 13:01:56 (UTC+7)

EUR/USD

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EUR/USD

1.0351

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GBP/USD

1.2052

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USD/JPY

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AUD/USD

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USD/CAD

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EUR/JPY

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49.605

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55.45

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205.35

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    EUR/USD 1.0351 ↑ Sell  
    GBP/USD 1.2052 ↑ Sell  
    USD/JPY 138.28 ↑ Sell  
    AUD/USD 0.6676 ↑ Sell  
    USD/CAD 1.3457 ↑ Buy  
    EUR/JPY 143.13 ↑ Sell  
    EUR/CHF 0.9799 ↑ Sell  
    Gold 1,749.15 Buy  
    Silver 21.200 Sell  
    Copper 3.5520 Sell  
    Crude Oil WTI 73.97 Buy  
    Brent Oil 81.23 ↑ Buy  
    Natural Gas 7.122 ↑ Sell  
    US Coffee C 164.40 ↑ Sell  
    Euro Stoxx 50 3,962.41 ↑ Buy  
    S&P 500 4,026.12 Neutral  
    DAX 14,541.38 ↑ Buy  
    FTSE 100 7,486.67 ↑ Buy  
    Hang Seng 17,207.00 ↑ Buy  
    Small Cap 2000 1,869.19 ↑ Buy  
    IBEX 35 8,416.60 Sell  
    BASF 49.605 Neutral  
    Bayer 55.45 Sell  
    Allianz 205.35 ↑ Buy  
    Adidas 123.98 Neutral  
    Lufthansa 7.567 ↑ Sell  
    Siemens AG 132.06 ↑ Buy  
    Deutsche Bank AG 10.390 ↑ Buy  
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# So hôm qua # Chênh TG
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Cập nhật 28-11-2022 13:01:58
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$1,749.10 -1.85 -0.11%
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Sản phẩm Vùng 1 Vùng 2
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RON 95-III23.78024.250
E5 RON 92-II22.67023.120
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DO 0,001S-V26.78027.310
Dầu hỏa 2-K24.64025.130
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WTI $73.99 +2.56 3.45%
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
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EUR24.959,9426.355,23
GBP29.041,9330.277,62
JPY173,62183,79
KRW15,9719,46
Cập nhật lúc 12:12:23 28/11/2022
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