Amazon plans to cut 30,000 corporate jobs in response to pandemic overhiring

https://lemmy.today/post/40603458

Amazon plans to cut 30,000 corporate jobs in response to pandemic overhiring - Lemmy Today

cross-posted from: https://lemmy.world/post/37968628 [https://lemmy.world/post/37968628] > >Amazon is preparing to lay off tens of thousands of corporate workers, reversing its pandemic hiring spree. The cuts come months after the retail giant’s CEO warned white-collar employees their jobs could be taken by artificial intelligence. > > I’m sure the tRump slump has nothing to do with it

What is overhiring?
They thought like would go up forever, and now that the line is starting to slow down, they gotta do a sacrifice to make the line look like it is still going up
And it’s because the line is SLOWING not even going down. These companies continue to make a healthy profit but they want twice that so now 30k people need to suffer.