Amazon to Lay Off over 17,000 Workers, More Than First Planned
Here’s a thought that has been percolating in my mind for a bit since these “market adjustments” began a month or two back.<p>Somehow at some point, in what perhaps could be blamed on the ever-hated mass produced MBAs - companies got really comfortable with the “it’s not personal, it’s just good business” of letting go of their employees for a slightest reason, or sometimes for no reason at all - just to make it look to their investors like they got their shit together.<p>We are seeing a bit of a market downturn - but it hasn’t hit Amazon pocketbook now, has it? Are they in danger of running out of money? What happened to “people are our most important resource”?<p>And this brings me to my main point - I think years of this has had an unexpected side-effect the companies never signed up for: people started treating companies they way companies treating people and we are starting to see the results - quiet quitting, oft bemoaned lack of loyalty, job hopping, etc. Now I am not saying it’s all new, but at least in my observation it’s peaking now and my thesis is these things are connected.