Someone please think of the shareholders. 🖕

Google: https://www.theinformation.com/briefings/google-lays-off-some-user-support-staff

Google on Wednesday said it laid off some employees of a team that handles complaints from users of its consumer services. The layoffs affected “a small number of roles on a team of hundreds,”…

Amazon: https://www.reuters.com/technology/amazon-says-cuts-jobs-music-streaming-unit-2023-11-08/

Amazon.com (AMZN.O) has begun cutting jobs in its Music division, the company said on Wednesday, confirming the latest of several rounds of layoffs over the past year that have affected more than 27,000 employees of the retail giant.

Employees in Latin America, North America and Europe received notices that their jobs had been eliminated Wednesday, according to people familiar with the matter. An Amazon spokesperson confirmed the layoff after being contacted by Reuters. She declined to say how many employees were impacted.

Snap: https://www.theinformation.com/articles/snap-lays-off-product-managers-as-spiegel-revamps-workforce

Snap has laid off nearly 20 product managers, the latest shakeup at the social app after several top departures over the last three months.

While it’s never nice when people lose their jobs, I’d classify the parent article largely as FUD - these are not broad-strokes layoffs, but smaller scale localized layoffs. To compare this announcement of 20 people in Snap to the previous 20% cut of about 1280 people is disingenuous to say the least.

What a uninformative article that has tons of speculation and no real substance to it. This was pointless bullshit to read.