Amazon, Google Job Cuts Jolt Silicon Valley at Start of 2024

The new year has kicked off for the tech industry with several companies announcing significant job cuts. It’s reminiscent of how 2023 began, which preceded the sharpest industry retraction in more than a decade.

Amazon.com Inc. is cutting hundreds of workers across content-creation units, including Prime Video and live-streaming site Twitch. Alphabet Inc.’s Google is also nixing hundreds of positions in hardware and its Assistant unit. Unity Software Inc., which makes the tech that underpins popular mobile games like Pokemon Go, said it would reduce its workforce by 25%, eliminating about 1,800 jobs.

Though smaller than ...