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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[โ€“] Baguette@lemm.ee 49 points 1 month ago (2 children)

In their memo announcing 5 days RTO they also said they'll be increasing contributor to manager ratio. Guess they meant that by firing a bunch of managers

[โ€“] The_v@lemmy.world 60 points 1 month ago

Firing middle managers is a fun way to kill the company. Not that cleaning house is a bad idea. Unfortunately the people making decisions of who to keep and who to let go are usually idiots.

Middle Managers are promoted for two reasons: technical expertise and ass-kissing expertise. Now the technical experts tend to not mix well with incompetent parasitic c-suite types idiots. The ass-kissers are beloved by the c-suite as that is their only role in life.

So when firings come around guess who they get rid of? Then 1-3 years later everyone is shocked when everything starts to fall apart.

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