Layoffs continue, and tech companies are continuing to lay off their employees. As of the second week of February, some well-known companies have announced significant job cuts, having tens of thousands of job losses since the beginning of the new year. Below are the tech companies that have announced cuts this week.

Amazon cuts “hundred” jobs in medical unit

Amazon continues its trend of layoffs, this time cutting jobs in its One Medical and Amazon Pharmacy units.The company confirmed the elimination of “a few hundred roles,” with some sources indicating up to 400 jobs could go. Amazon Health Services Senior Vice President Neil Lindsay stated that the company is realigning resources to provide the best experience for customers and members. The affected team members will receive support from the company in their next steps.

Snap cuts 10% of its staff

Snap, the parent company of Snapchat, has announced that it will lay off approximately 528 employees, which accounts for about 10% of its global workforce. Snap stated that this restructuring will help them focus on executing their top priorities and invest incrementally to support their growth over time.

Licious lays off 80 staff as it focuses on growth

Licious, a meat delivery company, has laid off 80 employees, which is around 3% of its workforce. The company has referred to this move as an “operational reset” to refocus on growth. As of January, the company had approximately 3,000 employees. In a statement released on Friday, Licious mentioned that it has more than ₹800 crore in cash from previous fundraising rounds.

Grammarly cuts 23% jobs

Grammarly, the popular tool for spell-checking and grammar correction, recently laid off about 230 employees, which accounts for roughly 23% of its workforce. The CEO, Rahul Roy-Chowdhury, clarified that the layoffs were due to the increasing importance of AI and the company’s focus on driving AI-enabled workplaces.

DocuSign lays off 440 employees

E-signature company DocuSign announced a restructuring plan on Tuesday. 6% of its workforce will be laid off, mostly affecting Sales & Marketing. DocuSign has 7,336 employees, so around 440 jobs will be affected. The plan aims to improve financial and operational efficiency.

Bending Spoons’ acquisition of Meetup to result in job cuts

Bending Spoons, the company behind Evernote, is relocating Meetup’s operations from the United States to Europe, where Bending Spoons is based. This acquisition will lead to layoffs, as confirmed by Bending Spoons CEO Luca Ferrari in a blog post. The company has already communicated the layoff news to the entire Meetup staff.


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