this post was submitted on 05 Oct 2024
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Amazon Layoffs: Amazon is reportedly planning to reduce 14,000 managerial positions by early next year in a bid to save $3 billion annually, according to a Morgan Stanley report. This initiative is part of CEO Andy Jassy's strategy to boost operational efficiency by increasing the ratio of individual contributors to managers by at least 15 per cent by March 2025.

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[–] dugmeup@lemmy.world 121 points 1 month ago (29 children)

Middle management is brutal. No one gives a shit and you have very little power.

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