Amazon has raised the number of jobs it plans to cut 18,000
1–10 of 86 posts
Re: Amazon has raised the number of jobs it plans to cut 18,000
#2Re: Amazon has raised the number of jobs it plans to cut 18,000
#3So, approximately 1% of its workforce.
Re: Amazon has raised the number of jobs it plans to cut 18,000
#4So, approximately 1% of its workforce.
So in line with the amount of turnover each year anyways due to "rank and yank" policies, be it official or just the implicit result of management's actions.
The news industry is incredibly desperate for stories about layoffs it seems.
Re: Amazon has raised the number of jobs it plans to cut 18,000
#5So, approximately 1% of its workforce.
If it's one percent, that makes me think it's an announcement designed to help the share price, or send a message to its workforce, since 1% is close to natural attrition of a few months, ie some sort of hiring freeze could achieve a similar thing.
Re: Amazon has raised the number of jobs it plans to cut 18,000
#6So, approximately 1% of its workforce.
So in line with the amount of turnover each year anyways due to "rank and yank" policies, be it official or just the implicit result of management's actions. The news industry is incredibly desperate for stories about layoffs it seems.
> The news industry is incredibly desperate for stories about layoffs it seems.
I don't think this is an informed take. Amazon not only cancelled all hires but also increased the number of employees they want to fire. From the first time in the company's history, they explicitly announced they were going to fire people in a purely cost-cutting approach and in a way that was not tied to employee performance.
If anything, this signals that Amazon changed radically it's corporate strategy from a growth-oriented strategy to a consolidation one. This has strong implications on the company's revenue expectations.
Re: Amazon has raised the number of jobs it plans to cut 18,000
#7So, approximately 1% of its workforce.
I'm not sure the size of the reduction is the key point here, its the reversal from limitless hiring which is more telling.
Re: Amazon has raised the number of jobs it plans to cut 18,000
#8So, approximately 1% of its workforce.
These aren't evenly distributed. I doubt any warehouse or fulfillment people are affected by this. These are people in corporate and technology roles, so it's a bigger number than 1%
Re: Amazon has raised the number of jobs it plans to cut 18,000
#9So, approximately 1% of its workforce.
If it's one percent, that makes me think it's an announcement designed to help the share price, or send a message to its workforce, since 1% is close to natural attrition of a few months, ie some sort of hiring freeze could achieve a similar thing.
With natural attrition you don't get to pick which teams/people leave.
Re: Amazon has raised the number of jobs it plans to cut 18,000
#10So, approximately 1% of its workforce.
So in line with the amount of turnover each year anyways due to "rank and yank" policies, be it official or just the implicit result of management's actions. The news industry is incredibly desperate for stories about layoffs it seems.
The media hates tech because tech ate their lunch first. Any bad news gets immediate coverage, and when they’re out of that they start to make up problems.