<ul><li>Amazon and Google are reportedly continuing to evaluate their businesses, leading to further layoffs, according to statements from their CEOs.</li><li>Amazon CEO Andy Jassy has said that the company had to eliminate 27,000 corporate roles as part of a reprioritisation of resources.</li><li>Google CEO Sundar Pichai has stated that the company is reviewing every aspect of what they do as part of their efforts to re-engineer their cost base permanently.</li><li>Both Amazon and Google are striving to find ways to generate revenue, operating income, free cash flow, and return on invested capital in the long run.</li></ul>

Amazon and Google hint at more layoffs amid economic meltdown

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