Thread regarding Amazon.com layoffs

Amazon CFO blames the Olympics, Trump assassination, Elections for slowing sales

Total baloney! Leaders are supposed to be OWNERS! Yeah sure, blame the Olympics, Trump, Elections, macro headwinds, micro headwinds.

Walmart... 6 month steady growth at 23%, 1 year steady growth at 31%, 4 years almost double growth! Amazon... 6 months negative growth, 1 year choppy growth at 19%, 4 years no growth! Investors are rightly angry!

(Olsavsky is the same phony CFO that gloated about positive cash flow, which resulted from silent forced layoffs on 20% of his corporate employees. And he froze all forms of yearly compensation incentives because he though they'd put employees above their comp target.... if his company was actually ran properly!)

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| 451 views | | 2 replies (last August 2, 2024) | Reply
Post ID: @OP+1tODBFOB

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And more employee churn now that they have another incentive to leave - worthless stock options (!) - i.e. the 15% year-over-year stock growth lie that recruiters chant. And a great job market - Adobe, Meta, Walmart, and maybe even... McDonalds!

When will Jassy and Olsavsky be voted out?

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Post ID: @dva+1tODBFOB

https://fortune.com/2024/08/01/amazon-weak-sales-forecast-distracted-shoppers-news-cycle-trump-assassination-attempt-olympics-earnings/

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Post ID: @nmd+1tODBFOB

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