Thread regarding Amazon.com layoffs

Amazon's strategy should probably be the reverse - trim the fat that isn't performing well (only give them 0% raises and 0 RSU's), heavily reward talented staff that delivers. Otherwise, you're mostly left with fat... how is that going to help? There has to be a lot of fat at Amazon within their "base" of 300,000 or so corporate employees that get hired over essentially silly LP questions.

Usually one gets a 0% raise and 0 RSU grants if either: (1) they performed very poorly, (2) they performed well, but Management wants them out, (3) the company is in big financial trouble. Since Amazon is applying 0% raise and 0 RSU grants broadly, this leads me to believe: (3) the company is in financial trouble. Amazon appears to be masking their financial trouble by doing many kinds of rolling layoffs (forced, silent, and normal kinds), broad comp pullbacks and drastic changes to their comp system, inflating pricing on household items in their online store, etc - basically a large list of sneaky forecast correction tactics. Sadly, they'll lose a lot of their best talent this way as there's basically zero motivation for them to perform by not being rewarded relative to their peers and their accomplishments. No soup for you!

I predict that there are going to be a LOT of senior Amazon employees looking for new jobs since at this point, their performance really doesn't matter anymore. To put salt in a wound, Amazon stock has performed so poorly over the last four years (since July 2020 - $160/share until now $183/share - a measly 14% growth over 4 years!) Speaking of ownership..... there should definitely be a change of ownership! Bezos grew Amazon steadily to late 2020 levels, but Jassy totally destroyed it. Run Jassy run!!

I agree. In fact, a friend of mine left Amazon for this reason. He wrote novel algorithms that will save Amazon $1-4M/year, however he didn't get any raise or extra RSU's this year. Plus he joined over two years ago when the stock price was already near the recent stock price! In fact, even today, AMZN stock is only up 20% from where it was 2 years ago - not the 15% stock increase each year that Amazon keeps bragging about. Someone who joins a few weeks/months after you may also get an unfair advantage (more stock if the stock price suddenly lowers before/after you join). A true owner will capture all of the benefits that they generate. Amazon owners are fake for sure. Meta also offers stock refreshers, but Amazon is way too cheap to do that, so they'll just lose more top employees. They could care less!