Amazon to Lay Off over 17,000 Workers, More Than First Planned

Re:Amazon to Lay Off over 17,000 Workers, More Than First Pl... by johnfn on Wednesday January 04, 2023 @08:30PM (#34254698)

> Companies plan for where the market is going, not last quarter’s results. It’s fully clear to everyone that the economy has shifted dramatically. They are adjusting as appropriate.

It goes both ways. If you planned so poorly and hired so fast that a minor perturbation in the market causes you to fire 17,000 people, you're still communicating that you putting profits above people.

[ Parent | on HN ]

Re:Amazon to Lay Off over 17,000 Workers, More Than First Pl... by sokoloff on Wednesday January 04, 2023 @10:42PM (#34255637)

17K people is about 1% of total employees. While each of these job losses matters a lot to the people involved, a 1% reduction in the face of what is surely more than a 10% change in medium-term projections is hardly proof of crazy over-hiring or terrible planning.

There’s no doubt that Amazon puts profits over people. They’re a profit-seeking enterprise (and a fairly effective one at that).

[ Parent | on HN ]

Re:Amazon to Lay Off over 17,000 Workers, More Than First Pl... by bumby on Friday January 06, 2023 @04:11PM (#34281138)

>minor perturbation

What are you defining as a "minor perturbation"? Because if they're responding to the last 12 mos., the NASDAQ is down 33%. Definitely not minor.

[ Parent | on HN ]