Software giants Broadcom and SAP plan to lay off more than 300 employees from their campuses at Stanford Research Park in Palo Alto, according to notices that the two companies filed with the state last month.
Amazon, meanwhile, plans to slash 176 jobs from its various Palo Alto locations as part of a nationwide campaign to reduce its workforce. And Meta plans to eliminate more 318 positions from various locations in Menlo Park, including 261 from its main campus at 1 Meta Way.
The employee terminations resulting from this action expected to commence Dec. 22, according to a letter from Janelle Gale, a vice president at Meta.
SAP, the global enterprise-software firm which has a campus at 3410 Hillview Ave., informed the state Employment Development Department on Oct. 6 that 82 employees will be laid off at its Palo Alto location. The list of positions includes project consultants, quality specialists and development experts, according to SAP’s documentation.
Megan Smith, head human resources at SAP, wrote to the state Employment Development Department that “changing business needs requires the Company to implement a permanent mass layoff of a portion of the employees at this facility.” None of the employees have union representation, she wrote.
The announcement was followed days later by a layoff notice from Broadcom, a company that specializes in semiconductors and enterprise software. The company notified the state agency that it plans to lay off 247 employees from its location at 3401 Hillview Ave., across the street from SAP.
Those layoffs are expected to take effect at the end of this year, according to a notice that the company filed with the EDD.
“This will not result in closure of the entire facility, but will only impact certain employees selected for layoff,” Jill Turner, vice president for human resources wrote to the EDD on Oct. 17.
More than half of the Broadcom layoffs are engineers, according to the notice. The list of eliminated positions includes 113 end-user sales engineers, 23 end-user field app engineers and 21 software engineers in research-and-development. The list also includes 25 client services consultants and 26 inside sales representatives.
According to Turner, the planned action is “expected to be permanent.”
Amazon, meanwhile, is planning to lay off about 500 employees from locations throughout Silicon Valley. This includes 391 positions in Sunnyvale and 76 in Santa Clara. Amazon is also laying off 176 employees from five offices in Palo Alto, which includes 75 employees at 101 Lytton Ave. and 69 employees at 611 Cowper St.
Nationwide, the company plans to eliminate about 14,000 corporate jobs, according to the Washington Post.
The company’s CEO Andy Jassy has been candid about his plans to reduce workforce, a trend driven by artificial intelligence. In a memo that he released publicly earlier this year, Jassy said that the company will need “fewer people doing some of the jobs that are being done today, and more people doing other types of jobs.”
“It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company,” Jassy wrote in the June memo.
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Let’s face it, AI will replace tens of thousands of white collar professional jobs in the next few short years. And we’ve all been accelerating it, by “training” our replacements with these AI tools. As usual, the rich get richer.