Represent!!!!
|
You are invited to the Luddites happy hour in Tysons Corner. |
GTFO |
Amazon went from 600k workers in 2019 to 1.6m in 2023. They’re due to downsize quite a bit |
AI in law you are an idiot. |
|
Peter Theil and The Heritage Foundation told you in project 2025 what was going to happen with jobs.
This will be all sectors not just tech. Dear MR or Ms Lawyer above no one will have the money to pay you if there are no jobs and no economy. You yes are at major risk as well. Amazon layoffs are nothing compared to what is coming in all sectors they told you, you did not listen |
They do this every year or two. |
Clearly you’ve never worked at Amazon. They are doing it to make investors happy to raise stock. They don’t want top talent as they have to pay much more. |
Bezos doesn’t run Amazon or aws. He’s been gone a long time. Things were better under him. |
|
So I’m no Bezos fan but this is Jassey who is a weak CEO.
Amazon, Google and Meta are aging and haven’t had a win in longtime. They’ve approached market saturation and declining market share. The layoffs are all about keeping the stock up. Their only lever to not bleed is to announce layoffs aka operational cost reduction before the next reports. It’s also a mechanism to lower or keep salaries down. During the pandemic and even several years prior, these companies were burning cash with massive hire to keep talent away from competitors. They created a frenzy of insane recruitment offers. They all also obsessively copy each other. |
The people moving boxes for $18/hr and the people building the tech for $120/hr are in different sectors of employment. |
There is an ancient Chinese proverb, which goes like this: 富 不过三代 Fu bu guo san dai --> Translation: “Wealth does not pass three generations”. This is consistently true for thousand of years. |
They don't keep experienced, skilled people and fire them. Managers manage, but they often lack in-depth knowledge of the products or systems. Jassey was good with AWS, not Amazon. They don't do anything new or creative and their aging systems are not updated as many don't know how to update the legacy systems and it's not a priority. They got away from being a customer-driven company and the competitive, cut-throat environment is toxic. There is no teaching and mentoring. |
Watch from 1:00 |
Getting jobs due to those things was the past few years of dei |