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Daily Crunch: In layoff update, Amazon CEO tells workers ‘we plan to eliminate just over 18,000 roles’

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Summary

Amazon CEO announced that the company would be laying off over 18,000 employees. Other tech companies, such as Salesforce and CircleCI, have made similar announcements in recent months. Apple announced several new features and services, such as AI-powered book narrations for Apple Books, kickboxing workouts for Apple Fitness+, and sleep meditation. Startups are laying off employees, and TechCrunch reported on other stories such as FluentPet's talking button system, Rendever's acquisition of Alcove, OneRoof's funding to help apartment dwellers, MeetKai's expansion of its offerings, and Jonathan Martinez's five-part series on growth marketing fundamentals. Big Tech stories covered by TechCrunch include Ring bringing back its Peephole Cam, Trova's stylish hiding spot, carmakers Sony and Honda's joint EV brand, BMW's Dee prototype, John Deere's robotics-based fertilizer system, Aeo's robot to patrol and disinfect hospitals, Stitch Fix's former CEO taking back the helm, WhatsApp's proxy support for users, Picsart's AI-powered SketchAI app, Roku's milestone of over 70 million active accounts, and Apple being fined by France's data protection watchdog group.

Q&As

How many employees is Amazon eliminating in its latest layoff?
Amazon is eliminating just over 18,000 roles in its latest layoff.

What new features are being added to Apple Fitness+?
Apple Fitness+ is adding new features like kickboxing workouts and sleep meditation.

What is FluentPet's talking button system designed to do?
FluentPet's talking button system is designed to speak voice commands and text you when pressed.

What is the first article of Jonathan Martinez's five-part series on growth marketing fundamentals about?
The first article of Jonathan Martinez's five-part series on growth marketing fundamentals is about how to set up a landing page.

What did France's data protection watchdog group fine Apple for?
France's data protection watchdog group fined Apple for not obtaining local mobile users' consent prior to placing (and/or reading) ad identifiers on their devices in breach of local data protection law.

AI Comments

👍 This article demonstrates the commitment of TechCrunch to provide comprehensive coverage of the latest news in the tech industry.

👎 The article does not provide any meaningful analysis of the impact of Amazon's large-scale layoffs on their employees.

AI Discussion

Me: It's about Amazon's recent layoff announcement. They are planning to eliminate over 18,000 roles.

Friend: Wow, that's a lot. What do you think the implications of this are?

Me: Well, it's obviously a huge blow to the workers who will be affected. It's also concerning for the overall economy, as those workers are now out of a job and may struggle to find new employment. Additionally, it's a worrying sign for companies in the tech industry, as it shows that even high-profile companies like Amazon aren't immune from layoffs.

Action items

Research other companies that have recently announced layoffs and the impact it has had on their employees.
Learn more about the AI-powered products seen at CES and how they are being used.
Explore the implications of the New York Attorney General's lawsuit against Alex Mashinsky and the potential implications for other crypto investors.

Technical terms

Layoff: A layoff is a temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees for business reasons, such as personnel management or downsizing an organization.
SkyMiles: SkyMiles is the frequent flyer program of Delta Air Lines. It allows members to earn miles when they fly with Delta or its partner airlines, and redeem them for flights, upgrades, and other rewards.
AI-powered: AI-powered is a term used to describe technology that is powered by artificial intelligence (AI). AI-powered technology is able to learn from its environment and make decisions based on the data it collects.
Metaverse: A metaverse is a virtual world, typically composed of 3D virtual environments, where users can interact with each other and with virtual objects.
CES: CES (Consumer Electronics Show) is an annual trade show organized by the Consumer Technology Association (CTA). It is the world’s largest consumer technology event, showcasing the latest products and services from the world’s leading technology companies.
ChatGPT: ChatGPT is a natural language processing (NLP) model developed by OpenAI. It is designed to generate human-like conversations in response to user input.
Generative AI: Generative AI is a type of artificial intelligence (AI) that is used to generate new data from existing data. It is used to create new images, text, audio, and video from existing data sets.
Proxy: A proxy is a computer or server that acts as an intermediary between two or more other computers or servers. It is used to facilitate communication between two or more computers, or to provide access to a network or service.