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?
The people losing Amazon managerial jobs are the last people you need to feel sorry for in the current job market, having that position on their CV will most likely slide them into the next job quite easily. These periodic tech redundancy waves are actually quite frequent, it's when you see multiple of the large tech companies all deciding to shed workers at one time that you can start getting concerned. It's a bit weird how you refer to a "good human experience" when in actual fact many people don't particularly like going into work, they just know it is a necessity in order to pay for a mortgage and other bills. Your only job security is to be dynamic and keep picking up new skills that are relevant to the future.