Google and Amazon Continue Tech Layoffs into 2023 As AI Investments Remain
• Google and Amazon announce more layoffs in 2023, showing tech job cuts not over • Google laying off hundreds more in engineering and hardware teams to cut costs and focus on AI • Amazon cutting some jobs in Prime Video and movie studio MGM as part of ongoing workforce reductions • Layoffs result from overhiring during pandemic and now seeking profitability over growth • AI remains bright spot for tech, with companies still hiring and investing there amid broader cuts