Amazon Health Services announced significant job cuts across its One Medical and Amazon Pharmacy divisions, continuing the wave of layoffs enacted by the tech giant over the past year. The move adds to over 27,000 job cuts made by Amazon since early 2023. It occurs alongside similar workforce reductions recently announced by DocuSign, affecting 6% or around 440 employees. Social media company Snap Inc. (Snap), the parent company of popular messaging app Snapchat, also announced plans to lay off approximately 10% or over 500 workers to "reduce hierarchy and promote in-person collaboration." The layoffs at Snap come amid a broader trend in the tech industry, with major players like Alphabet, Paypal, and Salesforce also announcing layoffs in January. "While challenges persist, this month's data echoes a narrative of resilience and gradual progress within IT employment," Roberts added.