Due to concerns about the US economic recession, large global information technology companies are undergoing structural adjustments one after another.
facebook parent company meta platform (hereinafter referred to as meta), has started laying off employees for the first time since its establishment. Amazon also decided to close most consumer call centers in the United States in order to save costs.
In addition, Google interrupted the cloud gaming platform Stardia service, and Japan Software Bank also decided to cut at least 30% of vision fund employees invested in the information technology (IT) industry.
This trend of these companies is amid the recent concerns about the stagnation of economic prosperity, such as actual sales passivation, after the sharp inflation of .
According to Bloomberg, " Wall Street Journal ", " New York Times " and other media reports on the 28th, CEO (CEO) Mark Zuckerberg said on the same day that the company will lay off employees for the first time since its establishment and carry out comprehensive organizational adaptation.
Zuckerberg said in a weekly routine question and answer event attended by the staff that day: "The era of high-speed growth (meta) has ended. This will be the first large-scale structural adjustment after starting a business in 2004."
He also added: "First, in order to reduce costs and readjust business priorities, employment will be frozen, and a comprehensive organizational adaptation will be carried out, including the currently profitable organizations. Next year's meta will be smaller than this year."
Zuckerberg explained: "I originally expected that the economy would stabilize more clearly now, but the situation is not the case, so some conservative plans have been formulated."
meta has reduced marketing expenses due to concerns about economic stagnation, and coupled with the implementation of Apple's new personal information protection policy, the revenue model of providing tailor-made advertising has been hit.
plus the short video platform tiktok surpassed instagram among the younger generations, with popularity soaring and competition facing difficulties. Zuckerberg regards it as the key to future victory and loss, and has also become a burden for the Yuanche (3D virtual reality) business, which has made large-scale investments.
As of June 30, the total number of meta's employees was 83,500, and 5,700 new recruits were hired in the second half of the year.
In order to save costs, Amazon, the world's largest e-commerce transaction company, also decided to leave only one in the consumer call centers in the United States, shut down all of them, and convert them to remote working from home.
Currently, a source who did not want to be named revealed that call centers in Lexington, Kentucky and Phoenix, Arizona, are closed, which is not certain, but there will be only two call centers in Huntington, West Virginia and Houston, Texas. ”
According to analysis, this is due to the slowdown in actual sales growth due to the increasing concerns about inflation (rise in price) and uncertainty in the economy.
Market research company insider Intelligence analyzed that although domestic online sales in the United States are expected to grow by 9.4% this year, this is slowing compared with the previous double-digit growth.
Previously, Amazon quickly expanded logistics systems such as warehouses as demand increased sharply in the early stage of the 19 pandemic in Corona.
Google also said that it will interrupt its cloud-based TV game streaming platform Stardia service after 3 years and 6 months.
According to analysis, the withdrawal of Stardia was taken as CEO (CEO) Sundar Pice said it would increase the company's efficiency by 20%.
Google recently canceled the new generation of laptops "pixel The release of book also cut funding assistance to the company's venture capital project "Region 120".
"big hands" invested by the world IT industry led by the president of Masayoshi Son also decided to cut at least 30% of vision fund employees who suffered large-scale losses.
A source who declined to be named said that software banking had started layoffs on the same day, and at least 150 people would be targeted for layoffs. Outlook Fund experienced a large-scale loss in the first half of this year. A spokesperson for
Vision Fund did not respond to confirmation requirements.
Sun Jingzhi said last month that after a loss of US$23 billion in the second quarter of this year, he will start to reduce expenses in prospect funds and other aspects.
Most of the losses are due to the decline in the share prices of software banks such as e-commerce trading company coupang and catering distribution company door daesh, resulting in a sharp drop in asset appraisal.
It is reported that software banks have suffered a loss of exchange rate of recently due to the weakening of the yen.
