Viewing a single comment thread. View all comments

Autotomatomato t1_j6okq2t wrote

Amazon layed off the entire dept in their vertical gaming division when it was supposedly profitable and made headway in market penetration but they had to meet a quota so they jettisoned the ENTIRE team because they were around a long time.

This practice is ruining entire divisions across corporate America.

22

aecarol1 t1_j6or985 wrote

Of course they are making foolish decisions. In your example they are simply gutting a division and possibly getting out of a specific business. My point was that companies were not "swapping" employees to keep wages low.

These companies are paying good severance, and the new guys would be coming in totally unprepared for the systems and projects underway. That would completely consume any imagined savings from driving wages down.

5