Amazon announced that they will lay off managerial positions with the aim of saving $3 billion annually. Some people heard about this; they were grumbling; it was on social media, talking about how hard it is to get a job in the tech space especially when you're laid off.
So Amazon CEO Andy Jassy in September said they will have a strict work-in-office policy. Usually, you could work remotely or hybrid, but now you have to be in the office Monday to Friday. 70% of workers already considered leaving because it didn't provide a good human experience; it wasn't prioritizing employee experience.
How do you ensure job security in a hard economic situation like this?
Now, for a company like Amazon to be laying workers off, and they're not the only one considering layoffs. Many companies want to reduce their workforce to save money. Personally, what does this mean for you?
For me, even with these layoffs, not everyone will lose their job. Amazon and other companies will keep valuable employees. This means that wherever you work, you must constantly improve yourself and give value unless you don't like your job and want to leave. Being valuable ensures job security, even in tough economic situations like now. If you're indispensable, companies won't let you go easily.
Does knowing about layoffs make you want to avoid corporate work?
Reference:
https://techcrunch.com/2024/10/11/tech-layoffs-2024-list/Amazon is not being sensitive with the issue of laying off of their workforce, if the company has been battling with financial incumbrances which is making them not to function as they used to, instead of laying off the staff's, it will have been preferable they offer them a pay cut, making it an open decision for those that would want to take the pay cut and remain with the job or don't take the pay cut and look for another job, that way you are giving the workers a human face, making them understand that things are not palatable the way it should be, hence they should also bear the brunt of the incumbrances the company is facing.
However outrightly laying them off especially as managers, doesn't show professionalism on the side of the company, given the fact they've sacrificed a whole lot of human resources on their part for the benefit of the company.