Re:Amazon has raised the number of jobs it plans to cut 18,000
by throwawayxy1 on Thursday January 05, 2023 @09:35AM
(#34260063)
Why would any company fire anybody if they are generating money for them?
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Re:Amazon has raised the number of jobs it plans to cut 18,000
by simplotek on Thursday January 05, 2023 @09:40AM
(#34260163)
> Why would any company fire anybody if they are generating money for them?
Amazon has been cutting teams that either could not justify their existence or worked in money-losing investments. Alexa was a very public project getting the axe.
Re:Amazon has raised the number of jobs it plans to cut 18,000
by Sakos on Thursday January 05, 2023 @09:58AM
(#34260454)
I still don't understand why they axed Alexa. It doesn't make any sense to me in the context of the rest of their business.
Re:Amazon has raised the number of jobs it plans to cut 18,000
by simplotek on Thursday January 05, 2023 @10:09AM
(#34260638)
> I still don't understand why they axed Alexa.
Alexa was described as "a colossal failure" which lost 10 billion dollars last year alone.
https://arstechnica.com/gadgets/2022/11/amazon-alexa-is-a-co...
Re:Amazon has raised the number of jobs it plans to cut 18,000
by Sakos on Thursday January 05, 2023 @12:05PM
(#34262886)
I don't really understand how that division could rack up $10 billion in losses in a single year either.
Re:Amazon has raised the number of jobs it plans to cut 18,000
by rileyphone on Thursday January 05, 2023 @10:17AM
(#34260765)
Because it’s an embarrassing product and Jassy doesn’t love it like Bezos.
Re:Amazon has raised the number of jobs it plans to cut 18,000
by mathattack on Thursday January 05, 2023 @09:37AM
(#34260098)
They think these 18,000 aren’t helping making enough money to justify the costs.
Re:Amazon has raised the number of jobs it plans to cut 18,000
by whiplash451 on Thursday January 05, 2023 @09:54AM
(#34260378)
There is an open window for tech companies to free-ride layoffs at the moment, that's what's happening. And they are taking this opportunity to its fullest.
Re:Amazon has raised the number of jobs it plans to cut 18,000
by jacobsenscott on Thursday January 05, 2023 @09:56AM
(#34260420)
To drive down wages. All tech companies firing thousands of people at the same time is a simple way to do this. Hire back in a year at much reduced salaries and benefits.
Re:Amazon has raised the number of jobs it plans to cut 18,000
by jackcviers3 on Thursday January 05, 2023 @05:29PM
(#34267805)
I cynically suspect this to be the case. As soon as one does it; the others have to follow to have any hope of controlling the tech salary bubble. They Don have to collude, just watch and match percentages.