Post
Topic
Board Economics
Re: Amazon Layoff and Job security in this hard economy
by
Cookdata
on 22/10/2024, 21:11:16 UTC
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?

I don't know much about HR of Amazon regarding remote work but I remember last year when Elon Musk purchase Twitter and rename it to X, he sacked more than 2/3 of the workers because according to him, there are huge of number of people that were doing remote job and most of their jobs can be done by some employees, so he has to mass sacked alot of them but he compensate them before the lay off so they can use that to sustain for the next 3 months before they get another job.

Similar thing might be going on in Amazon and now that we are fully out of corona, jobs like Amazon might not really need much remote people for their job and even if they need, it will be in low number and it could also be as a result of low patronage too, you can't keep people when their services are not require. I think the company has every right to do this but I hope they compensate those they layoff.