Tech layoff over? Accenture, Meta and Amazon to fire thousands of more employees

By Ankita GargThe tech layoff is not over yet. Meta recently announced that it will fire thousands of employees in April and May this year, whereas Accenture asserted that 18,000 people will get eliminated in over 18 months. Amazon also confirmed that it plans to remove employees from some more teams and that the company aims to get done with the final list by the end of April. This means that one will hear more about layoffs in the coming weeks or months. Here is everything we know.

Accenture confirmed layoff of 18,000 employees will complete in 18 months

In an SEC filing, Accenture announced 19,000 job cuts. Last month, the company asserted that the layoff process would be done in the next 18 months. The reason is purely to save costs and support business in the longer run. India Today Tech also learned from its sources that Accenture has already started creating a list of employees that will be fired, but people have no clue about the layoff process in the company. We learned that employees who haven’t been working on any projects will be the first ones to be removed from Accenture. A few LinkedIn posts also suggest that the company has begun sending layoff notices to fewer employees in global regions, but this is not in big numbers. We will have more information on layoffs as and when people are let go by the company in the coming months or weeks.

Meta to fire more employees in April and May 2023

Meta has conducted multiple rounds of layoffs and it was recently discovered that the company has started sacking people in technical roles, including user experience, software engineering, graphics programming, and more. A Meta spokesperson also confirmed the new round of layoffs to CNBC. One of the workers who have been laid off told the cited source that layoffs have been done in product-facing teams. In addition to this, Meta also plans to hand over pink slips to people who are in business-facing roles such as finance, legal, and HR. This is said to take place in May this year.

Amazon to eliminate more employees in the coming weeks

Amazon just recently announced the layoff of 9,000 more employees and confirmed that everyone won’t get fired immediately. The company has already started the process of layoff as it was recently reported that over 100 people have been sent elimination emails in departments such as Prime Gaming, Game Growth, and the company’s San Diego studio.

More employees in departments such as AWS, PXT, Advertising, and Twitch have been impacted. In its March blog, Amazon announced that some of the teams are yet to be analyzed and that it plans to complete making the list of roles that will be impacted by the end of April. This basically means that you can expect more employees at Amazon to get fired in the coming weeks.

Amazon did confirm that it will continue to support those employees whom the company has handed over pink slips. They will get packages that include a separation payment, transitional health insurance benefits, and external job placement support.