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It's a bad month for layoffs in tech
The big tech layoffs are continuing apace, and it seems nobody is safe. Following this month's massive staff cuts at Twitter and Meta, the New York Times reports that Amazon is now planning to let go of approximately 10,000 employees. Happy holidays, I guess.
Amazon's upcoming job cuts will reportedly impact its corporate employees, specifically its retail division, human resources, and the team working on the company's devices (which includes voice assistant Alexa).
Considering that Amazon employs over 1.5 million people across the globe, 10,000 workers laid off may not seem like a significant percentage from the company's perspective. It amounts to about 0.7 percent of Amazon's employees, which is a considerably smaller relative reduction than Twitter's Elon Musk-induced layoffs that cut its workforce by around 50 percent.
A reduction in force, or perhaps they're making room for picking up some of the high performing Twitter talent who were let go? [hubie]
(Score: 5, Insightful) by Rosco P. Coltrane on Wednesday November 16 2022, @06:17PM (4 children)
Bezos wants to do philantropy and give away all his billions [cnbc.com], and all he has to do is keep more employees on the payroll, pay everybody a little more, pressure them to work a little less and make the workplace a little more human and less hostile.
But I guess being a decent employer is less flashy than funding a cure for cancer, distributing food in Africa or whatever charity shit he choses to look good getting involved in.
(Score: 1, Informative) by Anonymous Coward on Wednesday November 16 2022, @07:02PM
Narcissistic supply.
He wants the admiration, or fear, of others. Either one reinforces his fictional idea of himself that he can't live up to. He's still seeking approval like the little boy scared of an aloof, disinterested parent that never loved him. Poor Bezos.
(Score: 5, Informative) by Thexalon on Wednesday November 16 2022, @07:03PM (2 children)
Bezos isn't running the company anymore: The current CEO is Andy Jassey.
Also, his ex-wife is giving away a lot more than he is.
The only thing that stops a bad guy with a compiler is a good guy with a compiler.
(Score: 2) by Rosco P. Coltrane on Wednesday November 16 2022, @09:06PM (1 child)
Because you think he has no say on how Amazon should be run?
If Bezos wants Amazon to be a decent employer, he only has to say it and it'll happen. He sure ain't saying it though.
(Score: 2) by JoeMerchant on Wednesday November 16 2022, @10:20PM
Laying off 0.7% of the workforce isn't something you bother the big man about. The New York Times is trying to bother him about it, but I still doubt that it's something he's aware of at any level of detail.
If you ran a company of 200 people, this would be like somebody in the mail room getting fired and that chick in marketing going part time after her newborn came.
🌻🌻 [google.com]
(Score: 5, Interesting) by r1348 on Wednesday November 16 2022, @07:52PM
AWS employee here since 2018, so far no internal communications about this, only speculation based on that one NYT article.
0,7% layoffs is not much, especially lately, but it sucks if it's you.
(Score: 2) by Thexalon on Wednesday November 16 2022, @08:47PM (8 children)
Musk has demanded that all staff work "... long hours at high intensity. Only exceptional performance will constitute a passing grade." Anyone who doesn't comply will be handed a severance package on Friday.
I'm trying to figure out why he thinks any of the staff there would be willing to go along with this - it's not like he's offering to make them rich if they go along with it. Good luck running Twitter all on your lonesome, buddy, great use of $44 billion.
The only thing that stops a bad guy with a compiler is a good guy with a compiler.
(Score: 1, Insightful) by Anonymous Coward on Wednesday November 16 2022, @09:17PM
And Twitter doesn't have the cachet that SpaceX has where you can be motivated simply by being a real-life rocket scientist and looking at all of those grand visions Musk has talked about. If I was an exceptionally good at my job person at Twitter, I'd have my resume out all over the place by now.
(Score: 4, Interesting) by JoeMerchant on Wednesday November 16 2022, @10:17PM (1 child)
I have worked a couple of places that de-facto select for employees who are willing to take abuse, whether financial, emotional, whatever... they just periodically pour on the abuse thickly and those who can't/won't take it leave, and guess what? At the end of that you can find a core team who is willing to work for little or no money, put up with periodic explosions of verbal abuse from the owner, etc. Every one was a strangely mis-functional place, could have been so much more productive with a smaller staff of more normal employees, but... they've got what they selected for.
🌻🌻 [google.com]
(Score: 0) by Anonymous Coward on Thursday November 17 2022, @12:43AM
It's like a cult of misery replete with leaders telling you you're worthless and noone else would take you. You're LUCKY to be here, it's a PRIVILEGE.
(Score: 2) by Mykl on Wednesday November 16 2022, @10:56PM
I think Musk made a bet with someone that he could lose money.
(Score: 2) by RamiK on Wednesday November 16 2022, @11:45PM
Normally these 80s' style takeovers are all about the divestitures. Like, now that the government is stepping in and preventing big tech mergers, maybe he's trying to break apart Twitter before selling off the parts to various other SNSs? And maybe the employees have stock options that would get in the way of doing this? Honestly, no idea.
compiling...
(Score: 2) by Phoenix666 on Thursday November 17 2022, @05:21PM (2 children)
Beating up on the current Twitter staff with such mandates sounds like a purge of those who are/were there for ideological reasons. If he can get the chaff to separate itself from the wheat then he will be saving himself a lot of trouble once he pivots the company to working on his vision.
And once they're gone, there's no shortage of talented techs out there who will work for a company with deep pockets and a clear plan.
Washington DC delenda est.
(Score: 0) by Anonymous Coward on Thursday November 17 2022, @09:28PM
He fired people who were working on his vision. Now they're trying to entice them to come back. If I got fired and then asked to come back within a week because I was working on that stuff that is now deemed to be a really important part of the new vision, unless this vision includes paying me a lot more than I was getting paid before, he and his vision can pound sand. Until he steps back and puts a grownup in place to run the company for him, why would you want to work for someone who has repeatedly shown himself to be an impulsive idiot?
And what are these "deep pockets" which you talk about? The whole reason this $8 "verified" checkmark has turned into a shitshow is that it was pushed out in such a rush in order to quickly bring in cash, because they don't have any.
(Score: 2) by Thexalon on Thursday November 17 2022, @11:51PM
No, it's a purge of people who wanted to get up, go to work, arrive between 8 and 9 AM, work through until about 5 PM, and go home again. Which are going to be people who are less likely to be there due to an ideological axe to grind, and more likely to be there for a paycheck.
Also, working long hours has been shown in many many studies to be actually detrimental to work performance after about 2 weeks of doing it.
The only thing that stops a bad guy with a compiler is a good guy with a compiler.
(Score: 3, Insightful) by Snotnose on Wednesday November 16 2022, @09:04PM (1 child)
Retired a few years ago, inflation is killing me.
I used to wonder why my grandmother didn't want to spend $3.99 for breakfast. Now that it's $13.99 I get it.
When the dust settled America realized it was saved by a porn star.
(Score: 0) by Anonymous Coward on Thursday November 17 2022, @01:45AM
> Retired a few years ago, inflation is killing me.
Not to be a hard ass, but unless you retired quite young, you must have lived through the last period of high inflation in USA--late 1970s and early 80s. Didn't you remember that when planning your retirement?
I'm a little past 65 now, but remembering those years of inflation I haven't retired yet, happy to still have income.
https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp [investopedia.com]
(Score: 2) by JoeMerchant on Wednesday November 16 2022, @10:12PM
>Amazon is now planning to let go of approximately 10,000 employees. Happy holidays, I guess.
I worked for a young, rather over-confident, CEO who laid off the entire staff just before the (was going to be paid, but guess what?) Christmas-New Year holiday week. I had stuck with them through a previous hard times or two, but that one took the cake, I found something else long before paid callbacks happened.
They limped the company out of that hole, but a couple of years later were sued out of existence by some bad blood with competition across town.
🌻🌻 [google.com]