I think that Amazon is past the point where excellent software engineering is what makes them money. What makes them money is going out for golf with some Fortune 500 exec that saw "Stats powered by AWS" on the last NFL game, and wants something like that for their company. They then buy 80 million dollars of reserved CPU hours and get tickets to the Seahawks game.
These big companies are self-sustaining no matter how unfriendly to employees they might be. Yes, it's great when you hire great engineers and they invent the next billion dollar business. That is now a rounding error for Amazon, so they won't notice it's gone if it goes. And, a lot of engineers don't really care about returning to the office if it means they're getting paid $800k a year.
So overall, with everyone's retirement plan buying Amazon stock by default (oh sorry "Target 2050 Fund" shares), I wouldn't expect one supplier change or one HR policy to make a significant difference in their stock price.
JonChesterfield|1 year ago
jrockway|1 year ago
These big companies are self-sustaining no matter how unfriendly to employees they might be. Yes, it's great when you hire great engineers and they invent the next billion dollar business. That is now a rounding error for Amazon, so they won't notice it's gone if it goes. And, a lot of engineers don't really care about returning to the office if it means they're getting paid $800k a year.
So overall, with everyone's retirement plan buying Amazon stock by default (oh sorry "Target 2050 Fund" shares), I wouldn't expect one supplier change or one HR policy to make a significant difference in their stock price.