By Bill Davis

January 31, 2024

Jan 26 (Reuters) – Big Tech and media companies in the U.S. have kicked off 2024 with fresh plans to cut jobs, signaling the spate of layoffs seen last year will likely continue as firms navigate persistent economic uncertainty.

Here are some of the job cuts announced by tech and media companies in January.

January 18 – Amazon (AMZN.O), The Buy with Prime unit laying off around 5% of its employees.

Jan. 11 – Audiobook and podcast division Audible laying off 5% of its workforce

Jan. 10 – Amazon set to lay off several hundred employees in its streaming and studio operations, extending job cuts into 2024.
Jan. 9 – Streaming unit Twitch to cut 35% of its staff, or about 500 workers, as reported by Bloomberg News.
Jan. 22 – X Lab, Alphabet's division for developing new technology, laying off dozens of workers and turning to outside investors for funding.
Jan. 16 – Google, part of Alphabet, laying off hundreds of employees in its advertising sales team.

Source: Big Tech, media firms start off 2024 with fresh U.S. job cuts | Reuters

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