How do you ensure job security in a hard economic situation like this?
As long as you add significant value to your company, it's unlikely that they would fire you.
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?
That could signal a recession. But, I can't be negative until we see massive layoffs happen at the same time. When they're not financially good, and that's caused by the massive layoff, too.
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?
Being a former employee of Amazon doesn't necessarily mean they're bad. They were still among the special people who have Amazon in their portfolios. It's really helping them to get a new job much easier than ordinary people.