Earnings report is really dismal - prolonged negative cash flow, revenue below expectations, short-term expense increase for severance payments. No improvement in laggard physical stores. Amazon just finished round 4 of AWS and PXT layoffs. ProServ... — read more 

This is cutting deep ... half the SA's, Tech Account Managers and GTMS team in my group let go! bottom is falling out of this place. house of cards. pick your catastrophe analogy.

I've been here a little over a year and I feel like I'll need to be deprogrammed when I leave! The back biting, having the culture shoved down your throat, the leadership principals they claim to live by. They are actually now a Day 2 company and not... — read more 

Just wondering!

Amazon is a textbook example of over-hiring and overestimating how long the pandemic-related bump in demand for e-commerce would last. Now it's the long-term employees who pay the price for the management's incompetence because they earn more and... — read more 

Was it a homophone error? a typo? Has Jassy been riffing about RIF-ing again? So many questions! We'll just have to STAY TUNED! First quarter financial results on Apr 27. Advice: consider riffing with your resume before the next big RIF-ing. — read more 

Assume I exceed the experience that is required in new role. Currently as L5. If target job title is the same but level L6, if new manager wants it badly could they work to hire me at L6?

10,000-25,000 corporate employees quit: Jassy high fives board. 25,000-40,000 corporate employees quit: Jassy high fives board and blinks. 40,000-60,000 corporate employees quit: Jassy stares at the ceiling, adjusts RTO to 2 days/week. 60,000-90,000... — read more 

Get rid of those useless offices, Jassy!! You're doing it all wrong. Too much grief for your shareholders and employees. You do want them to leave, right? US tech giants, grappling with a post-pandemic slowdown, have already laid off tens of... — read more 

Amazon on Tuesday let go of some employees in its advertising unit. The layoffs are part of the previously announced job cuts that are expected to affect 9,000 employees. Amazon has already let go of 18,000 people as part of earlier layoffs... — read more 

If I transfer to another team, same grade level. Is it typical and possible the new team hiring manager gives me a pay increase or no?

Anyone has ever attempted this in the Earth's Best Employer applied to the RTO mandate? Any chance this could be approved? https://www.linkedin.com/news/story/relocations-rebound-amid-rto-6259002/

Amazon is desperate to stop burning their cash (which they've been irresponsibly doing for 2 years now!). However, layoffs are usually a last resort before other expense reductions. Meanwhile Amazon has been sitting on so much underutilized property... — read more 

They fired many PMs and now senior and principal engineers drive projects to completion. Is this our future? From now, we'll be expected to work twice if not three times as much for the same pay? I was overworked before this, so this is simply not... — read more 

Coming soon to an e-mail near you!

“We also reprioritized where to spend our resources, which ultimately led to the hard decision to eliminate 27,000 corporate roles. There are a number of other changes that we’ve made over the last several months to streamline our overall costs, and... — read more 

What is discussef in this article would just accelerate if work from home is adopted by FAANG. https://www.businessinsider.com/emloyee-job-outsourced-to-india-after-remote-work-request-report-2023-4?amp

All kinds of dirty stuff going on. They are putting people on PIP without telling them now and being told to give Needs Improvement on their reviews. At least Cisco stopped the stack ranking.

As many companies adopt a rigid stance on office returns, it brings to light deeper issues of damaged culture, social contract, and trust within these organizations. For example, recent accounts report that Apple is tracking employee attendance and... — read more 

I support the RTO. Reason is that if large employers can hire people able to work from remote and low cost of living areas, by definition the supply of candidates will increase and salaries will go down for EVERYBODY. Including people who live in... — read more 

Amazon.com needs to further reduce its headcount to improve its eCommerce margin, according to analysts at Oppenheimer. “We believe AMZN's 25% underperformance versus Nasdaq LTM is being driven by share loss to Microsoft (MSFT) and lack of eCommerce... — read more 

Leaked Amazon memo shows plans to reduce employee stock awards in 2025. The online retailer and cloud service provider told managers that it was trimming the number of restricted stock units granted to workers because of budget concerns, Insider's... — read more 

Americans have grown so fond of working from home that many are are willing to sacrifice pay for the privilege of skipping the office. Some workers said they're willing to take a pay cut -- with an average reduction of 18% -- to remain fully remote... — read more 

When I first heard we'd be going back to the office, I was really excited. I like having more compartmentalization in my home and work life. I'm an extrovert, and my work is very collaborative; I really like getting people in a room and talking... — read more 

Study shows vacancy rate hits 15 per cent this year as companies struggle with post-pandemic employees refusing to make the commute Toronto offices are the emptiest they’ve been in nearly three decades, and experts say the vacancy rate could keep... — read more 

Key Findings: The average Amazon worker would have to work 6,474 years to earn the amount their CEO Andrew Jassy makes in just one year — while it would take him less than two hours to earn his employee’s annual salary. Source-... — read more 

"2022's big spenders on anti-union "persuaders" have been revealed, including Amazon at a whopping $14,279,056..." https://www.laborlab.us/_top_spenders_on_anti_union_persuaders_in_2022_revealed_as_amazon_leads_the_pack

Retail and grocery in negative EPS. AWS margins and share getting slashed. AI is dead, they surprised us with Alexa in first place but there is no way they can get close to big2. Growth story is gone ! Fresh purchase volume is already down 20... — read more 

Note: unlike Amazon, that's NOT 28000 Corporate workers. Just 2000 blue collar out of 2.3M workers !!

All we know so far is that it's coming sometime during this month, which is not a lot. I'm shocked there have been no more leaks regarding who and where will be the most affected. I've been trying to find more info but it's mostly the same things... — read more 

Exactly what Amazon should do... McDonald’s instructed corporate employees to work from home this week in anticipation of layoffs, according to a report from the Wall Street Journal. “During the week of April 3, we will communicate key decisions... — read more 

Nov 2022: 300,000 Corporate employees. Dec 2022 - Apr 2023 (27000 layoffs): 273,000 Corporate employees. May-June 2023 (top 10% voluntarily quit): 245,700 Corporate employees. (low 50% return to office): 122,850... — read more 

https://finance.yahoo.com/news/tech-layoffs-yes-theres-a-better-way-to-fire-people-is-big-tech-doing-it-no-way-151409888.html

Mr. Jassy and S-team gang... if you're reading this, then it's time to dump your COVID offices before your future rounds of layoffs. You're doing things in reverse!! Layoffs should be a last course reaction before other expense reduction options... — read more 

Six current and former executives and employees who spoke on the condition of anonymity said the tech giant’s scramble to find focus is taking a toll on morale. Amazon spokesman Brad Glasser said Amazon has “always been focused on innovating on... — read more 

Facts: 27,000 rolling layoffs in last few months (expect even more later this year!) 42% year decline in stock - a.k.a. paycut (versus Walmart at only 3% decline!) past 2 years of negative or heavily declining cash flow massive halving of YoY... — read more