this post was submitted on 05 Oct 2024
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Amazon Layoffs: Tech Firm To Cut 14,000 Manager Positions By 2025, Says Report (news.abplive.com)
submitted 1 month ago by ByteOnBikes@slrpnk.net to c/technology@lemmy.world
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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€“] ChickenLadyLovesLife@lemmy.world 12 points 1 month ago* (last edited 1 month ago) (1 children)

But at the same time nothing is really expected of you - by the people above or below you. And you make more money than the people doing the actual work.

[โ€“] ripcord@lemmy.world 4 points 1 month ago

Maybe where you work