Leaked messages show Amazon will force a ‘voluntary resignation’ on employees failing to relocate near their team ‘hubs’::undefined

  • Arbiter
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    2 years ago

    They just want to downsize without looking bad to investors, lmao.

    • statues_lasers
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      2 years ago

      Downsizing is good for investors since it reduces costs making your quarterly results look sexier.

      • ipkpjersi@lemmy.one
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        2 years ago

        Downsizing can look scary to investors though, like the company isn’t doing well.

      • Arbiter
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        2 years ago

        Yes and no. They have to cut expenditures but make it look like it’s not because they’re not making enough profit.

        A company with high profits good, but a company laying off employees to get high profits must be in trouble.

        It’s a stupid dance between VC and CEOs.