cross-posted from: https://lemmy.world/post/37968628
Amazon is preparing to lay off tens of thousands of corporate workers, reversing its pandemic hiring spree. The cuts come months after the retail giant’s CEO warned white-collar employees their jobs could be taken by artificial intelligence.
I’m sure the tRump slump has nothing to do with it
What is overhiring?
They thought like would go up forever, and now that the line is starting to slow down, they gotta do a sacrifice to make the line look like it is still going up
And it’s because the line is SLOWING not even going down. These companies continue to make a healthy profit but they want twice that so now 30k people need to suffer.
My organisation is going through this right now. The overarching management “corporation” is looking at our numbers and saying that we’ve got more employees and spending than 5 years ago, but have the same output metrics… So we’ve got to cut back staff and spending because there’s dead weight that’s not adding to productivity. The problem is that these will be small ineffective parts of people’s otherwise useful jobs. You can’t do what Elon Musk did and start firing people across the board to correct the numbers. It’s a complex problem to solve.