Jeff Bezos has returned to day-to-day management of Amazon

#1

Post by garraeth » Thu, Apr 23, 2020, 1:40 PM UTC

Jeff Bezos has returned to day-to-day management of Amazon
businessinsider.com

Re: Jeff Bezos has returned to day-to-day management of Amazon

#2

Post by Loughla » Thu, Apr 23, 2020, 2:06 PM UTC

I guess now we'll see how much of the perceived shit show was actually his making, and how much was his leadership group. This should be interesting.

Re: Jeff Bezos has returned to day-to-day management of Amazon

#3

Post by noad » Thu, Apr 23, 2020, 2:09 PM UTC

Loughla wrote: post #2

I guess now we'll see how much of the perceived shit show was actually his making, and how much was his leadership group. This should be interesting.

I have no idea what this means, can you get me up to speed on what this show was?

Re: Jeff Bezos has returned to day-to-day management of Amazon

#4

Post by sytelus » Thu, Apr 23, 2020, 2:09 PM UTC

This is quite significant given market is very bullish on Amazon (Goldman is just all over it). The expectations are set sky high to do well during these times. But if you look at things as consumer, it doesn't look so good. Personally, I've significantly less orders on Amazon these days because of huge delivery times. Sure, orders for "essentials" might have gone up but can that offset the gap? Also, sellers are very dissopointed with their items not getting delivered and many have started to look for alternate channels.

Given all these, I wonder how things will pan out. Wall street expectations for Amazon to do well this quarter is sky high but behind the curtain things might have taken significant hit.

Re: Jeff Bezos has returned to day-to-day management of Amazon

#5

Post by jdm2212 » Thu, Apr 23, 2020, 2:10 PM UTC

Loughla wrote: post #2

I guess now we'll see how much of the perceived shit show was actually his making, and how much was his leadership group. This should be interesting.

> perceived shit show

Honest question: what are you talking about?

Re: Jeff Bezos has returned to day-to-day management of Amazon

#6

Post by jdm2212 » Thu, Apr 23, 2020, 2:12 PM UTC

sytelus wrote: post #4

This is quite significant given market is very bullish on Amazon (Goldman is just all over it). The expectations are set sky high to do well during these times. But if you look at things as consumer, it doesn't look so good. Personally, I've significantly less orders on Amazon these days because of huge delivery times. Sure, orders for "essentials" might have gone up but can that offset the gap? Also, sellers are ver…

This is sort of a "no one goes there anymore, it's too crowded" criticism. Huge delivery times are because they're getting so many orders (which means so much revenue, which means so much profit).

Re: Jeff Bezos has returned to day-to-day management of Amazon

#7

Post by [deleted] » Thu, Apr 23, 2020, 2:12 PM UTC

sytelus wrote: post #4

This is quite significant given market is very bullish on Amazon (Goldman is just all over it). The expectations are set sky high to do well during these times. But if you look at things as consumer, it doesn't look so good. Personally, I've significantly less orders on Amazon these days because of huge delivery times. Sure, orders for "essentials" might have gone up but can that offset the gap? Also, sellers are ver…

[deleted]

Re: Jeff Bezos has returned to day-to-day management of Amazon

#8

Post by sah2ed » Thu, Apr 23, 2020, 2:13 PM UTC

noad wrote: post #3

Loughla wrote: post #2

I guess now we'll see how much of the perceived shit show was actually his making, and how much was his leadership group. This should be interesting.

I have no idea what this means, can you get me up to speed on what this show was?

To get up to speed on Amazon's sub-par attitude to warehouse workers' welfare, prior to Bezos re-assuming day-to-day leadership, start here:

0: https://news.ycombinator.com/item?id=22759575

1: https://news.ycombinator.com/item?id=22770092

Re: Jeff Bezos has returned to day-to-day management of Amazon

#9

Post by arkades » Thu, Apr 23, 2020, 2:15 PM UTC

sytelus wrote: post #4

This is quite significant given market is very bullish on Amazon (Goldman is just all over it). The expectations are set sky high to do well during these times. But if you look at things as consumer, it doesn't look so good. Personally, I've significantly less orders on Amazon these days because of huge delivery times. Sure, orders for "essentials" might have gone up but can that offset the gap? Also, sellers are ver…

Delivery times are up because of the volume of business. As essentials business falls down (or 'if', if people get used to using Amazon over their local store), delivery times will fall as well. This isn't a meaningful long-term criticism.

Re: Jeff Bezos has returned to day-to-day management of Amazon

#10

Post by toasterlovin » Thu, Apr 23, 2020, 2:16 PM UTC

sytelus wrote: post #4

This is quite significant given market is very bullish on Amazon (Goldman is just all over it). The expectations are set sky high to do well during these times. But if you look at things as consumer, it doesn't look so good. Personally, I've significantly less orders on Amazon these days because of huge delivery times. Sure, orders for "essentials" might have gone up but can that offset the gap? Also, sellers are ver…

Unfortunately, Amazon isn't measured against some platonic ideal of what an online retailer could be. They are measured against their competition. And, as far as I can tell, there is no credible competition.