Thread regarding Amazon.com layoffs

Andy Jetty's Best Advice: apply to multiple remote-only Jobs NOW!

Andy Jetty (Jassy) is giving you a couple of months - until May 1 precisely. Meanwhile, he's looking for more ways to sc--w you - including: further org changes, business travel cuts, cuts to benefits, further layoffs (soft and hard), salary and RSU freezes, penalties for lack of attendance in offices, and permanent RTO. His S-Team lacks the skills to accurately forecast financials and they instead shift blame to macroeconomic factors. His S-team can't communicate their plans effectively, so look no further than here. When you leave Amazon by May 1 and land a few remote jobs, you'll be so liberated from Andy's tyranny, I promise.

Andy, it's quitting time. Don't forget to donate your $70M private Jet, $500M superyacht, and $100M's of properties to the Amazon Smiles charity (bring that back too!). A blue origin flight is ready for you!

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| 1501 views | | 7 replies (last February 28, 2023) | Reply
Post ID: @OP+1lhexIsP

7 replies (most recent on top)

they want people to quit so they don't have to pay out severance. it's simple.

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Post ID: @8xnh+1lhexIsP

Amazon long term debt for 2022 was $67.15B, a 37.76% increase from 2021. Amazon long term debt for 2021 was $48.744B, a 53.21% increase from 2020. Amazon long term debt for 2020 was $31.816B, a 35.88% increase from 2019. Do you see the trend?

That said, Amazon is desperate for more cash, especially if they want to make future investments/acquisitions and innovate. They should be cutting all of the non-profitable units (i.e. Stores - including Groceries, Devices), trim most of their real estate profile, and replace their highly irresponsible management with proven leaders (i.e. like those at Walmart as you mention). Investors are fed up - Walmart is in the same macro environment and managed to achieve much steadier growth/returns over the last 5 years.

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Post ID: @1ohs+1lhexIsP

While working in office, Amazon was not able to make retail profitable. They made Alexa, which has lost 10's of billions of dollars throughout its lifetime. What the CEO is saying that Amazon's current problems are your fault.

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Post ID: @1fte+1lhexIsP

AMZN lost $2.7 billion in 2022 and it's a for-profit company - great, fire Andy and S-Team.
WFH for EVERYONE who leaves Amazon - @40 hour weeks.

It's just a cost savings ploy to avoid making severance-related payments. 18,000 layoffs were too few. I hope they get sued. Unsafe work environments too.

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Post ID: @tui+1lhexIsP

@zwo+1lhexIsP

Uninformed and angry, when did you get laid off from Amazon?

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Post ID: @pzw+1lhexIsP

You're forgetting that AMZN lost $2.7 billion in 2022. It's a for-profit company, not a socialist worker's paradise.

No WFH for anyone until all of Amazon's 1.5 million workers have it, including warehouse employees.

Sure, go ahead and try to find a remote job that pays you comparably while working an hour a week like you do at Amazon. Everyone else is looking forward to embracing your entitled princess productivity levels. That's what every company wants out of their workforce.

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Post ID: @zwo+1lhexIsP

Let me get this straight.... Amazon has $35B in cash, then secures a $8B loan. They put most of their tenured corporate staff on a HUGE pay cut (because their stock price collapsed 50%+ and they are refusing to issue new RSU's to make up for the gap). And now they want employees to RTO - essentially taking another pay cut? With fake promises of future growth? GTFO !!! Walmart baby!

Andy is also one of the most overpaid CEO's... $212M stock award In 2021, lifting his pay package to nearly 6x his 2020 level. 6474 times the median Amazon employee's salary.

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Post ID: @dgq+1lhexIsP

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