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madamelic | 4 months ago
I can only imagine what this will do to morale. If even positive quarters means job cuts, why even try to have a positive quarter.
madamelic | 4 months ago
I can only imagine what this will do to morale. If even positive quarters means job cuts, why even try to have a positive quarter.
gruez|4 months ago
If you take the comment about "AI" at face value, isn't that exactly what you'd expect? If a textile mill is making record profits because of new textile machinery, would you consider it reasonable for the business to keep the old workers around, even though they're not needed anymore? Yes, it always sucks to lose a job, but I don't see how Amazon did them dirty or even broke some sort of informal contract.
madamelic|4 months ago
With that said, I would consider doing layoffs after a profitable quarter to be anti-social / anti-culture. It creates fear and uncertainty in the organization which will cause people to move to 'cash checks until I am fired then I'll leverage this to get a job somewhere else' versus trying hard to make the company their career where they put down roots.
In my opinion, chasing ever increasing profitability as a tech company is cannibalizing future earnings. By cutting over and over in pursuit of more profit, you are trading compound earnings (ie: create new products) for money today by injecting fear into your 'innovation centers'.
johnnyanmac|4 months ago
Sure.
Too bad I don't take it at face value and know this is just more outsourcing that's smokescreened under AI. Just check their hiring in earnings calls and see if that's actually going down. Amazon did them dirty and lied about why they aren't needed.
Temporary_31337|4 months ago
If someone, say did a great job of updating API documentation that can be fully automated now, that's not good enough nowadays. I realise that's not exactly fair because the capitalists / shareholders 'only' have to have to have money in order to receive compensation, and you as a labourer face increasing demands. If you don't like the balance of power you find a niche / leverage as a laborer or you switch to being a capitalist eventually.
ulfw|4 months ago
If you truly believe the best people are not layed off from corporations, you must be extremely young and just starting out. Corporations are a lot less rational than you imply
johnnyanmac|4 months ago
It's not the 2010's anymore. You're not fired because you did a bad job or even because you weren't productive enough. You're fired in a larger cultural wave to try and remove American labor from the American economy as they push everything overseas and pretend it's about "efficiency with AI". Nothing is hiring outside of hospitality right now.
>you switch to being a capitalist eventually.
Hope you have generational wealth. Otherwise that "capitalist" position is you delivering doordash just to survive.