The
"World Bank" (World Bank)
has reduced the global economic growth trend this year (2023) to only 1.7% from the previous forecast, should be at 3% and there is a risk that
The world economy will enter a second recession
within the same decade.
For the first time in 80 years
The main factor is inflation and interest rates that continue to rise, investment declines.
and economic disruption as a result of the Ukrainian war.
And for the developed economies (Advanced Economies), which was originally expected to be at 2.5%, was reduced to 0.5% by the United States.
From originally expected to be at 1.9%, it was revised down to 0.5%. As a result, major US companies began to move to prepare for the reception.
"Economic shocks"
that are expected to
"really burn"
this year immediately more seriously.
Especially those
TECH GIANTS
who have announced gradually reducing the number of employees continuously.
Since the end of last year (2022) in hopes
of "reducing costs"
, prepare to face the risk of lower income and rising interest rates.
To what extent do
TECH GIANTS
plan to cut staff?
and what is the reason
And what is the compensation package for termination of each company? Today
"we"
go and consider it together.
Microsoft CEO Satya Nadella
1. Microsoft (Microsoft):
There are currently
221,000
employees, with an average annual employee salary of
$123,000 per year.
The latest announced a layoff plan for
10,000
employees, or
4.52%
of the total number of employees.
The departments that are expected to have the most reductions in staff are
"Engineering Department"
For the year that
"Microsoft"
had the highest employment was
2014
, with employment of up to
29,000 people,
or a 29.29% increase
from 2013.
Microsoft CEO
Satya Nadella
outlined the need for workforce cuts in an internal memo.
“We need to focus on taking steps to ensure that
Expenses will be in line with the company's revenue growth.”
Employee Compensation Package: Microsoft says employees who are terminated will receive at least 60 days' notice, severance pay, 6 months' medical expenses and stock shares.
"Sundar Pichai" (Sundar Pichai), CEO of Alphabet
2. Alphabet (Alphabet):
currently has a total of
156,500
employees, the average employee salary per year is about
124,000 US dollars per year.
Recently announced plans to lay off
12,000
employees, or
7.67%
of the total number of employees.
For the year
"Alphabet"
or the parent company of Google (Google) has the most employment
in 2012
, with employment up to
21,400 people
or an increase of
65.89% from 2013.
by
"Sundar Pichai" (Sundar Pichai)
, CEO of Alphabet, informed in the company's internal memo that
Most of the layoffs will be in the product department, service department and regional employees.
Severance package : Employees who have been terminated
will receive severance pay based on length of service
and a basic severance package of at least 16 weeks plus an additional 2 weeks based on length of service
3. Amazon (Amazon):
Currently
, "Amazon"
has a total workforce of
1,608,000 people, with
an average employee salary per year of about
101,000 US dollars per year.
Recently announced plans to lay off
18,000
employees, or
1.12%
of the total number of employees.
For the year
"Amazon"
has the most employment
in 2011
with employment of up to
22,500 people
or an increase of
66.77% from 2010.
"Amazon"
has been laying off continuously since November last year (2022), with the departments being laid off the most are human resources, retail and service departments.
Severance package:
Amazon
says all laid-off workers will receive full severance and benefits based on their length of service, as well as according to their respective country's labor laws.
Mark Zuckerberg, CEO of Meta
4. Meta (Meta):
"Meta" or Facebook (Facebook)
has a total number of employees of
71,970 people
with an average employee salary per year of
128,000 US dollars per year.
Recently announced plans to lay off
11,000
employees, or
15.28%
of the total number of employees.
For the year that
"Meta"
has the highest employment is
2017
with the employment of up to
8,057 people
or an increase of
47.26%
from 2016.
By
"Mark Zuckerberg"
CEO of
"Meta"
reasoning for this great layoff.
“It is part of the effort to make the organization smaller and more efficient.”
Severance package:
Mark Zuckerberg
pledges that all laid-off Meta employees
Will receive at least 16 weeks of severance pay, plus an additional 2 weeks based on length of service, as well as stock shares and health insurance for the specified period.
"Elon Musk" (Elon Musk), owner of Twitter
5. Twitter (Twitter):
Currently
, “Twitter”
has a total number of employees of
7,500 people
with an average annual employee salary of about
117,000 US dollars per year.
Recently announced plans to lay off
3,700
employees, or
50%
of the total number of employees.
For the year that
"Twitter"
was the most employed
in 2013
, with
2,362
jobs or a 574% increase
from 2012.
The chaos within
"Twitter"
began immediately after the takeover of
"Elon Musk" (Elon Musk)
completed in October last year (2022), with many employees resigning from the company immediately after.
Twitter's new owner has
announced that all employees will have to accept a new, more
"hardcore"
work environment, and that it will cut its workforce by more than
50% .
Severance package:
"Elon Musk"
announced that employees who were laid off will receive at least 3 months of severance pay.
Reading up to this line, perhaps
"you"
might think that
"we" have
forgotten another
TECH GIANTS
company like
"Apple" (Apple)
or not?
Not forgotten ... only until now,
Apple
has not announced a reduction in the number of employees like other competitors.
Here's how Apple
's current employment situation
compares to other companies:
Apple
currently
has a total workforce of
164,000.
Average employee salary per year:
$131,000 per year.
The year with the highest employment was
2010
, with employment increasing to
12,600,
or a 34.24% increase
from 2009.
** Remark: based on earnings report 2010-2022 and the announcement of layoff plans ended Jan. 23, 2023, as well as the World Bank's Global Economic Prospects report. **
Thai Rath Online Specialized News Team reports
graphic Anon Chantanant
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