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 

Amazon and Apple are watching you. Apple has threatened to take action against staff who aren't coming into the office at least three days a week. "Apple is tracking employee attendance (via badge records) and will give employees escalating warnings... — read more 

Galletti, meaning 'little rooster,' cookies are an iconic staple in the world of Italian confection. But too many cookies and handwaving: 'Given the large size of our workforce and our wide range of businesses and customers, we recognize this... — read more 

That's more than double of Jassy's 2022 comp! Amazon founder Jeff Bezos plans to give away the majority of his $124 billion net worth. He will devote the bulk of his wealth to supporting people who can unify humanity in the face of deep social and... — read more 

Let's say for people laid off at Amazon in the upcoming April 2023 wave. Based on the Jan 2023 wave: If I understand correctly, employees remained on payroll for 2 months, but not working. Employees were able to search for internal roles using... — read more 

With the stock price collapse, who is still sticking around??

https://finance.yahoo.com/quote/AMZN/insider-transactions?p+AMZN&guccounter+2 2M shares of AMZN stock gifted to Bezos over the last 5 months. But hey, that only has a value of $420M. Can we not ask Bezos to live by his own Leadership Principals... — read more 

“This was a difficult decision, but one that we think is best for the company long term,” Jassy shared in his note. "(We want to be) leaner while doing so in a way that enables us to still invest robustly in the key long-term customer... — read more 

Any news what groups will be most affected?

This will please investors - role eliminations: Candi Castleberry, VP of DEI =============================================== Employees just need ONE simple 20 minute DEI training course. Diversity doesn't trump hard skills. Donate to train unskilled... — read more 

Why is everyone surprised that these layoffs will impact people in AWS?

“Always treat your employees exactly as you want them to treat your best customers.” “Clients do not come first. Employees come first. If you take care of your employees, they will take care of the clients.” “The responsibility of a company is to... — read more 

Andy: 27000 Layoffs, Worthless RSU's, and draconian Return to Office mandate. You (at another company): CASH, No Layoffs, Work from Home.

Someone please let Andy Jassy know, Amazon has expatriate all over the world, Amazon need to repatriate them or localized them. Doing so will save hundred of millions. Amazon expatriate packages are too generous, paying for luxury housing, kid’s... — read more 

AWS, PXT, Advertising, Twitch. Then RTO attrition. Thanks Andy. Expense reduction at its finest. I wonder who's next?

At 55 years of age, Andy Jassy is ready to retire. His mental faculty has suffered gravely and he will now return to home. Blessed.

https://voidnetwork.gr/wp-content/uploads/2016/09/Does-capitalism-have-a-future-a-book-review.pdf

One of the hottest fights happening right now is the fight between Walmat+ and Amazon Prime. Now it appears Walmart is closing the gap with Amazon Prime at least when it comes to some of the profitable customers. According to Bloomberg, 28% of... — read more 

Hello, just curious for those resigning, does AWS let you work for 2 week during notice or they reject it and send you home immediately?

Amid layoffs, Amazon pauses construction on second headquarters in Virginia Amazon is pausing construction of its second headquarters in Virginia following the biggest round of layoffs in the company’s history and shifting landscape of remote... — read more 

Alexa, are there more layoffs coming, will they fire us all or make us return to office.