Submitted by Familiar-Turtle t3_11wkswc in technology
Dredly t1_jd126yy wrote
Reply to comment by Seankps in Amazon to lay off 9,000 more workers in addition to earlier cuts by Familiar-Turtle
Bingo - Hiring through the pandemic was seen as a sign of brand health and confidence by investors, as soon as it "ended" they immediately went "wait, our earnings per share went down, What!?!?!?" and thus mass layoffs
kariam_24 t1_jd26qx6 wrote
Right, people are fearmongering, ingoring numbers, for example Microsoft which laid off 10k people while recruiting 40k positions during pandemic.
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