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Eisernes t1_ixon2gc wrote

Reply to comment by RaycharlesN in Amazon workers in the U.S. and 30 other countries plan Black Friday protests by AmethystOrator

They took a 8 billion dollar loss on Alexa this year, which is where the majority of these layoffs are happening. This is a business, not a charity. Perhaps one day UNICEF will get into the unprofitable devices business, but until then they will have to go through Amazon.

On a more serious note, Amazon is an incredibly bloated business. I know because I work there. I know people who work there remotely who don't even turn on their laptops every day. It is a very decentralized business model. Teams work independently and it is very easy to slip through the cracks. A lot of those 10,000 layoffs are HR personnel too. They are super bloated. Every building I have been to, HR is the largest support department. Bigger than IT, safety, and RME. Much of the job HR used to do a few years ago is now done by chat bots and outsourcing. I legit don't know WTF they do all day. There will probably be way more than 10,000 laid off by the time it's done. They don't pay stock dividends and there are only so many stock buybacks that they can do. Shareholders will not accept this level of loss from a company that should be printing money.

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RaycharlesN t1_ixoo9wm wrote

Corporate, devices and “other” divisions - not just devices. HR has to hire people, they have to train people, they have to ensure no labor laws (or other laws) are broken. HR is how you don’t get sued because your managers play grab ass. They hire hundreds of thousands of seasonal workers, how you going to do that without HR? Kind of shocked to see someone say they don’t know what they do, that’s sort of ridiculous.

They managed to award 1.5B more than last quarter in stock compensation to executives. So please spare me the shareholder thing.. they are gorging themselves

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Eisernes t1_ixop6p8 wrote

Yeah most of HR at Amazon has nothing to do with any of that. They mostly answer stupid questions that revolve around time balances and process terminations. They don't train people, the learning department does that. Labor laws are enforced by legal and compliance. Lawsuits? Also legal. None of those seasonals are hired by Amazon. A temp agency does all of it. We just give them a quota. They don't even answer the stupid questions and process the terminations anymore. It is done by bots.

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RaycharlesN t1_ixophhc wrote

Yeah they should get fired, fuck em, they don’t do nothing. What they need to do is give even more stock compensation to executives because that’s a sure fire way to return shareholder value.

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tickleMyBigPoop t1_ixoupdt wrote

Stock compensation is paid via share dilution aka the shareholders pay it.

But jobs aren’t a charity if a company doesn’t need someone they should be let go.

Why don’t you answer this; why do you want American firms to be inefficient? Why do you want US companies to be outcompetes by foreign firms?

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RaycharlesN t1_ixp4hha wrote

Found Jeff Bezos

The shareholders pay for everything, they own it, it doesn’t matter if it’s stock or cash it’s shareholders paying it.

I would submit to you that it’s inefficient to have hired them to begin with, than morally bankrupt to toss them aside when the company is so profitable that they don’t have to. Find other work for them. When you employ 1.5M people and the majority of them still need food stamps you’re doing something wrong. The median worker makes $29k and you’re tossing around $15B in stock comp to your executives - Fuck this place.

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Eisernes t1_ixopv39 wrote

Also to me and the other hundreds of thousand employees who are partially paid in stock. 12.5b in profit is pretty cool, but 20b would be cooler. It's not like the Monopoly man is sitting in some Seattle c suite cashing all the checks just because 1% of the company got laid off.

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uuhson t1_ixp2w12 wrote

Upvote for Joe Dirt UNICEF reference

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