News for hackers. Stuff that matters.
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.