- cross-posted to:
- news@lemmy.world
- cross-posted to:
- news@lemmy.world
cross-posted from: https://lemmy.world/post/37968628
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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damm, how was their stock after this?
Up 1% for the day
nice
If you’re leading an organization that somehow managed to “overhire” 30k employees, then the first person to hit the bricks should be you because you really suck at your job.
People at the top: -200mil loss, not big deal. People at the bottom: -50 loss get a -150 off paycheck and a writeup.
Amazon plans to cut 30,000 corporate jobs
in response to pandemic overhiringto increase shareholder returnsFTFY
“Overhiring”
They’ve been running on that PR spin since 2023.
The other RTO shoe drops. In that RTO was about iducing attrition. It appears it wasn’t enough.
What is overhiring?
