71–80 of 169 posts
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ZIRP was also not the norm. Times change though.
But these are profitable companies, now their cash on hand can actually earn interest.
That is why software engineers also need unions. (but the time to organize was back when we still had the upper hand)
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Found this section noteworthy: > Employee separations resulting from this action are expected to be permanent. The affected employees are not represented by a union or any other collective bargaining representative.
Jassy's only lever for shareholder value. Sad.
They're fine expanding in India. Turns out announcing a $100k fee to distract from the Trump Gold Card announcement during the same press conference [3] leads to a reverse brain drain [0] and a $35B commitment to invest in India [1]. For example, much of AWS SageMaker's team is out of AWS India, and unofficially Amazonians on work visas are being offered transfers to India [2] while paying L6/7 [4] roughly the same a…
It's not the end of the world, but it's also not really remote work if you have to live within commuting distance of an office.
Right now, amazon is packed full of L6 and L7 software managers, making 450-900k a year, that: 1. dont understand ai 2. have had the same skill set for 10 years 3. are working on autopilot, not trying to get promoted, just collecting paychecks 4. taking zero risk, follow protocol, play politics for the company to move forwards, they need a massive purge. 15k is childs play. too many employees that make too much money…
Isn’t that the job? I’m not even sure what “understand AI” even means, from where I sit, it maybe means “add AI to everything” and that doesn’t seem that complicated. I’m not here to defend the people in Amazon corporate, I’m just not convinced it’s okay for a big rich corporation to hire all these people and then fire them on a whim. It’s not like Amazon can’t afford it.
isn't this the American dream?
become Bezos, then exploit every last cent out of your suppliers, employees and customers
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> It seems like 5%/year is sort of industry norm. That's because the people running these companies learned the hard way not to write their collusion down, so now they just all totally coincidentally act in the same way that ends up driving wages down and keeping workers afraid and in line https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
Why would you explain this with a conspiracy theory of collusion instead of Occam's razor -- that they were responding to similar changes in market conditions, with input from similar shareholders?
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This is real. I work at one of the big tech and have access to their internal head count breakdowns. The overall headcount is mostly stagnant but the US headcount is decreasing with a corresponding increase in Europe and mostly India based HC.
The company I just left is firing as many people in the US as possible and rehiring primarily in India, with Dublin and Toronto by exception. FedRAMP requires US persons on US soil, and so as far as Americans are concerned, only senior management and people working on the federal business are safe.
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> It seems like 5%/year is sort of industry norm. That's because the people running these companies learned the hard way not to write their collusion down, so now they just all totally coincidentally act in the same way that ends up driving wages down and keeping workers afraid and in line https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
Why would you explain this with a conspiracy theory of collusion instead of Occam's razor -- that they were responding to similar changes in market conditions, with input from similar shareholders?
I don’t see a conspiracy here other than sheep herd mentality of hire hire hire then too many
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“ Turns out announcing a $100k fee to distract from the Gold Card leads to a reserve brain drain” Seems a lot of the Trump policies go exactly the opposite of what was planned. The supply people at my company are telling me that there is a huge push to move manufacturing away from the US due to tariffs.
The United States has a labor pool of over 170 million people. If you can't find Amazon workers in a country of that size, it's due to one thing and one thing only: you're a bigot who hates Americans. We can dance around it and dress it up like we have for the past thirty years but it's time to call it for what it is: bigotry and hatred wearing a dress of openness. Just admit what you are instead of continuing this a…
But anyway, the decrease in hiring in the US will be mostly driven by foreigners that will still be hired, but now not relocate to the US. Why hire someone on a H1-B at an extra cost of 100k when you can hire the same person in some other office and not pay that cost? It's a self-own by the US.
Earlier quoted context omitted.
Why would you explain this with a conspiracy theory of collusion instead of Occam's razor -- that they were responding to similar changes in market conditions, with input from similar shareholders?
Please stop validating the language of the oppressors