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2023-01-20 Cyber
Amazon coldly began its layoff of 18,000 workers by informing them by EMAIL and cutting off their access to work computers: 'Unfortunately, your role has been eliminated'
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Posted by Skidmark 2023-01-20 00:00|| || Front Page|| [14 views ]  Top

#1 ...I still think that there's a serious bust coming in the tech/online industries - these outfits were seriously overmanned, overregarded and overfinanced.

What can't go on forever...won't.

Mike
Posted by MikeKozlowski 2023-01-20 06:09||   2023-01-20 06:09|| Front Page Top

#2 
Reminds me, didn't the LSD MSM go ape $%^ about how EM doing the same thing, just a few months ago? Where is the same LSD MSM hate response coverage?

But with that LSD Media Dig out of the way made.

The economy is slowly returning to near normal.
The Pandemic scare is winding down, despite attempts to find something new to cause panic over.

More just want out of the house to roam and shop.

Many national chain stores are losing the ROI war and are cutting prices 40% to 75% to clear older inventory (eg. Bed Bath & Beyond).

Many see the cost of shipping and wait times for common items has become ridiculous, they see it costs less to drive and shop. Heck, even my neighbor stopped ordering delivered groceries.

Porch Privates are having to find a new criminal trade skill.

The downside of this.
Those of us that frequent BIN Stores are not seeing the $50+ items on $6 day like we were in 2020-2022. No more overlooked DDR4 3200 16gb Ram or Seagate 6TB drives packages for $1 on day days either.
Posted by NN2N1 2023-01-20 06:21||   2023-01-20 06:21|| Front Page Top

#3 #2
Reminds me, didn't the LSD MSM go ape $%^ about how EM doing the same thing, just a few months ago? Where is the same LSD MSM hate response coverage?
Posted by: NN2N1 2023-01-20 06:21

NN,

I think the going ape was for public consumption. These people may be insane, but they're not crazy; they almost certainly wanted to cut the numbers but none of them had EM's personal wealth to protect them. I'd bet good money that behind the scenes they were toasting that magnificent bastard every chance they got.

Mike
Posted by MikeKozlowski 2023-01-20 06:27||   2023-01-20 06:27|| Front Page Top

#4 Funny how "evil" Elon Musk was for cutting 75% of the fat from Twitter, but hardly a peep about job cuts at Microsoft, Washington Post, Fartbook/Meta, and Amazon.

The consumer discretionary sector takes it on the chin in rough economic times. Also, the days of cheap money (credit) are over.
Posted by DooDahMan 2023-01-20 06:46||   2023-01-20 06:46|| Front Page Top

#5 Given how much Amazon has expanded their delivery in major areas, its time to learn to drive/truck.
Posted by Procopius2k 2023-01-20 06:57||   2023-01-20 06:57|| Front Page Top

#6 Maybe they can give Drag shows.
Posted by Skidmark 2023-01-20 07:22||   2023-01-20 07:22|| Front Page Top

#7 All these "tech" giants overgrew their headcounts during the good times. In that respect, they are no different than Krispy Kreme or Bethlehem Steel.

The idea that they represent some "new model," be it of commerce, economics or whatever, is laughable to everyone except those who got suckered.
Posted by M. Murcek 2023-01-20 07:27||   2023-01-20 07:27|| Front Page Top

#8 Jeff Bezos 'sets off fresh wave of panic' at Washington Post by unexpectedly turning up for morning editorial meeting - as staff brace for layoffs
Posted by Skidmark 2023-01-20 07:30||   2023-01-20 07:30|| Front Page Top

#9 Given how much Amazon has expanded their delivery in major areas, its time to learn to drive/truck.

Learn to Road.

Wonder how much is workforce and what is HR Blubber types.
Posted by swksvolFF 2023-01-20 10:45||   2023-01-20 10:45|| Front Page Top

#10 Are you still an employee if the notification webmnt to your spam folder?
Posted by Super Hose 2023-01-20 12:45||   2023-01-20 12:45|| Front Page Top

#11 /\ #9) Wonder how much is workforce and what is HR Blubber types.
Exactly. How many "friends and relatives" had jobs where they got paid for only showing up ...or DIE types that probably caused more harm than good by their actions.
Posted by magpie 2023-01-20 13:05||   2023-01-20 13:05|| Front Page Top

#12 Remember before the first DOTCOM crash where there were people making $30k a year to keep the coffee machine and snack room humming?
Posted by M. Murcek 2023-01-20 13:36||   2023-01-20 13:36|| Front Page Top

#13 Notice these aren't the warehouse people. Employees doing useful Joe Lunchbox jobs aren't fired this way. You get the bad news in person.
Posted by Secret Master  2023-01-20 22:23||   2023-01-20 22:23|| Front Page Top

22:23 Secret Master
21:36 SteveS
20:48 trailing wife
20:48 trailing wife
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18:41 NN2N1
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