Joining YouTube and Google in parting ways with certain employees are Amazon and Twitch.
Earlier this month, Amazon got rid of hundreds of workers who managed studio and streaming operations. Twitch likewise slashed over 500 positions as a means of reducing overhead and boosting overall profits.
More layoffs to come?
Unfortunately for many Americans working in the tech industry, there’s no sign inflation or job layoffs are going away anytime soon.
Some people believe the growing presence of artificial intelligence (AI) will eliminate even more jobs in the months and years ahead. Others think AI can streamline certain jobs and make humans more effective in their positions. Either way, time will tell.