Amazon and Google announce significant layoffs to improve efficiency and align resources.

The layoffs will primarily impact Amazon's subsidiaries, including Prime Video, MGM Studios, and Twitch, and Google's divisions like augmented reality, Assistant programs, and hardware teams.

Google's layoffs include around 1,000 positions in Voice Assistant, core engineering, and hardware teams such as Pixel, Nest, and Fitbit.

The scale of the layoffs is unknown but represents only a small portion of Alphabet's total workforce.

Alphabet Workers Union criticizes the layoffs as unnecessary.

Layoffs raise concerns about the technology industry's return to accelerated growth.

Increasing use of generative artificial intelligence (GenAI) could lead to further job cuts and pose challenges for employees in finding alternative employment.