• EnderMB@lemmy.world
    link
    fedilink
    arrow-up
    46
    ·
    3 months ago

    Amazon gets rid of around 5-8% of their staff every year through unregretted attrition, where they’ll fire “underperforming” people, with maybe 10-15% of people being threatened with underperformance "

    Alongside this, to cut a long story short Amazon grew huge during COVID, and despite tens of thousands of layoffs the company has been trying to shrink everywhere possible, cutting fat wherever they can. IMO, leadership made lots of really stupid decisions, and the CEO has set Amazon on a course where irreparable damage has been made.

    • ipkpjersi@lemmy.ml
      link
      fedilink
      arrow-up
      9
      ·
      3 months ago

      I don’t think this is going to be just cutting fat though. They’re going to have their desperate and least-talented employees working in the office while their most talented employees will end up finding remote employment elsewhere. That’s how RTO always goes.

      • EnderMB@lemmy.world
        link
        fedilink
        arrow-up
        5
        ·
        3 months ago

        Oh, 1000%. I could write a book on how monumentally stupid the whole process is (and most Amazonians agree), but the fundamental points are:

        • The people that stay are of a certain mindset, where you don’t pick up “hard” tasks, and you are quick to establish blame/ownership elsewhere.
        • Data is king, but you can lie a lot with data.
        • Employees are customers also, and when you piss off employees you piss off customers and their families.
        • You spend a huge sum of money on hiring and training talent, only to send them to your competitors.
        • You spend money to give severance to active employees. That is still, to be, the dumbest thing ever. SO many people don’t resign, they just down tools or do a bad job to get the extra pay. PIP is called Paid Interview Prep for a reason.
        • Amazon’s Focus/Pivot has such a bad reputation that being fired used to mean that other big companies would happily tell you “if you have any trouble at Amazon, let me know and we’ll start an interview loop”.

        Most fundamentally of all…very few companies do this. It died with Jack Welch/GM and Gates/Microsoft, after they saw the same downfalls. Amazon is yet to learn their lesson, and it shows in how poorly the “Amazon Management School” under Bezos are performing. The other big tech companies also now do this, although less severe, and surprise surprise, they’re all going downhill - making awful decisions, delivering nothing of value, and ignoring customers over leadership.

    • Avid Amoeba@lemmy.ca
      link
      fedilink
      arrow-up
      8
      ·
      3 months ago

      5-8% of their staff every year

      I’m aware of this policy but I didn’t realise the number was that large.

      • lightnsfw@reddthat.com
        link
        fedilink
        arrow-up
        13
        ·
        3 months ago

        It’s a great strategy to have your employees backstabbing each other instead of working together too. “Oh, Jim is struggling? Good, one more person below me in the ranks”.