- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
Amazon is preparing to lay off tens of thousands of corporate workers, reversing its pandemic hiring spree. The cuts come months after the retail giant’s CEO warned white-collar employees their jobs could be taken by artificial intelligence.
I’m sure the tRump slump has nothing to do with it
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At least they are being honest about the reason instead of blaming it on AI
What pandemic hiring spree?
During the pandemic tons of companies hired very large numbers of people in anticipation of increased consumer demand and historically high savings rates in the US and other countries. During the pandemic people counterintuitively burned through cash to the benefit of companies like amazon. When that excess demand cooled (and it still is, especially in the US due to incredibly bad economic policies) those jobs were/are not needed anymore.
And one of the biggest departments that expanded massively at many companies during the pandemic? HR. So now there’s a LOT of HR and hiring staff being made redundant in the tech industry.
Recruiters specifically, yeah. Also DEI, but that cratered largely because of the US’ political stance on DEI.
And marketing & sales - that was the largest change because the whole idea was to take advantage of untapped demand
Also engineering - particularly AI related. Thats a big reason the enginnering job market is hot garbage rn
I’m sure this is really all of Biden’s fault somehow, and Taco is only trying to “dig out” from the incredibly awful economic mess that he was left with, even if that same economy was somehow the “envy of the world”. It’s really quite a paradox.
I applaud this move and encourage Amazon to continue radical termination of employees up to 100%.
Bye bye AWS jobs lol.
They should have learned to double code
Always blows my mind how many people these companies employ. When you have a stadium’s worth of people who are more or less superfluous.
