Amazon begins mass layoffs among its corporate workforce
New York, Nov 17: Amazon has begun mass layoffs in its corporate ranks, becoming the latest tech company to trim its workforce amid rising fears about the wider economic environment.
On Tuesday, the company notified regional authorities in California that it would lay off about 260 workers at various facilities that employ data scientists, software engineers and other corporate workers. Those job cuts would be effective beginning on January 17.
Amazon would not specify how many more layoffs may be in the works beyond the ones confirmed through California's Worker Adjustment and Retraining Notification Act, also known as WARN, which requires companies to provide 60 days' notice if they have 75 or more full-time or part-time workers. Amazon employs more than 1.5 million (15 lakh) workers globally, primarily made up of hourly workers.
The online retail giant, like other tech and social media giants, saw sizable profits during the COVID-19 pandemic, as homebound shoppers purchased more items online. But revenue growth slowed as the worst of the pandemic eased and consumers relied less on ecommerce.
The Seattle-based company reported two consecutive losses this year, driven mainly by write-downs of the value of its stock investment in electric vehicle start-up Rivian Automotive. The company returned to profitability during the third quarter, but investors were gloomy about its weaker-than-expected revenue and lackluster projections for the current quarter, which is typically good for retailers due to the holiday shopping season.
In an effort to cut back on costs, Amazon has already been axing some of its projects -- including subsidiary fabric.com, Amazon Care and the cooler-size home delivery robot Scout. It has also been scaling back its physical footprint by delaying -- or cancelling -- plans to occupy some new warehouses across the country. And Amazon Chief Financial Officer Brian Olsavsky has said the company was preparing for what could be a slower growth period and would be careful about hiring in the near future.
Mass layoffs are rare at Amazon, but the company has had rounds of job cuts in 2018 and in 2001 during the dot-com crash. On the warehouse side, the ecommerce giant typically trims its workforce through attrition.
Faced with high costs, the company announced earlier this month it would pause hiring among its corporate workforce, adding to the freeze it put a few weeks earlier on its retail division. But the layoffs were not far off. Employees who work in different units, including voice assistant Alexa and cloud gaming platform Amazon Luna, said they were let go on Tuesday, according to LinkedIn posts. Some of them were based in Seattle, where the company has its headquarters.
"As part of our annual operating planning review process, we always look at each of our businesses and what we believe we should change," Amazon spokesperson Kelly Nantel said in a statement. "As we have gone through this, given the current macro-economic environment (as well as several years of rapid hiring), some teams are making adjustments, which in some cases means certain roles are no longer necessary."
In a statement posted on the company's website, Dave Limp, senior vice president of devices and services, said Amazon was consolidating some teams and programmes. He said those laid off in the process were notified on Tuesday and the company will work with them to "provide support", including assistance in finding new roles. If an employee cannot find a new role within the company, Limp said Amazon will provide a severance payment, external job placement support and what he called transitional benefits.
The retail behemoth follows other tech giants who have cut jobs in the past few weeks. Among them, Facebook parent Meta said last week it would lay off 11,000 people, about 13 per cent of its workforce. And Elon Musk, the new Twitter CEO, slashed the company's workforce in half this month.
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Airlines got 999 hoax bomb threats till Nov 14 this year; 256 FIRs filed: Govt
New Delhi, Nov 28: Airlines received 999 hoax bomb threats this year till November 14 and as many as 256 FIRs have been filed while guidelines have been issued by aviation security regulator BCAS for objective assessment of threats, the government said on Thursday.
In a written reply to the Lok Sabha, Minister of State for Civil Aviation Murlidhar Mohol said a total of 1,148 hoax bomb threat messages/calls have been received since August 2022 till November 14, 2024 threatening the operations of international and domestic air travel.
While 999 threats were received by airlines during the period from January to November 14, 2024, the count stood at 122 last year and at 27 for the August-December 2022 period.
"256 FIRs have been filed since January 2024 till 14 November 2024, out of which 163 FIRs have been filed during 14 October- 14 November 2024. 12 arrests have been made in view of hoax bomb threat since January 2024 till 14 November 2024," the minister said.
The Bureau of Civil Aviation Security (BCAS) has issued guidelines for objective assessment of threats. The indicative factor has been useful in reducing time taken by the Bomb Threat Assessment Committee (BTAC) during the decision-making process.
"Also, to reduce the overall time taken for convening BTAC to less than 5 minutes, virtual assembly of BTAC through pre-generated video link has been set up. Further, advisories for compulsory 10 per cent of secondary ladder point check-in for all flights, strict monitoring of non-scheduled flight operations, enhanced security measures and surveillance at cargo terminals were issued," Mohol said.
Further, the minister said the government is considering amending the Aircraft (Security) Rules, 2023 to put hoax threat messenger in the no-fly list.
"It is also being considered to amend Suppression of Unlawful Acts against Safety of Civil Aviation for covering Aircraft in flight as well as on ground, airport etc," he added.
