Submitted by AmethystOrator t3_z3uqox in worldnews
tickleMyBigPoop t1_ixo205k wrote
Reply to comment by RaycharlesN in Amazon workers in the U.S. and 30 other countries plan Black Friday protests by AmethystOrator
>revenue
Revenue doesn’t matter only profit matters in this case net income generated by e-commerce adjusted for inflation compared to previous years. Also if those people aren’t needed why would any company be stupid enough to keep them, it’s like you want American businesses to fail so that way foreign competitors can succeed.
Efficiency makes us all better off in the long term.
> a kind employer might say we only need you through Covid when they’re hiring you
If any company had that kind of crystal ball they’d be better off playing futures markets instead of e-commerce
heliumeyes t1_ixo2t4v wrote
Your points are very valid but people aren’t going to think logically. They’ll just accuse people like us of being heartless capitalists.
davon1076 t1_ixoaca1 wrote
Because it is heartless and capitalist.
Throwing 10,000 people out of a job for 'efficiency' while the higher-ups laugh their way to the bank isn't a good fucking look.
It's not a fair point to say "oh but foreign corps tho!" because guess what, they're heartless and capitalist too.
Valid points my ass. You sit here excusing labor purges like it's fucking nothing while you aren't on the receiving end of one.
heliumeyes t1_ixoj2y0 wrote
Oh I have been on the end of lay offs. Twice actually. So I know pretty well how it feels. And it sucks.
RaycharlesN t1_ixo2ll5 wrote
They did manage to award an extra 1.4B in stock based compensation to executives this quarter so we should feel good about that
tickleMyBigPoop t1_ixoub4g wrote
Stock compensation is paid for via share dilution usually, aka the shareholders pay it.
RaycharlesN t1_ixp3ql4 wrote
Shareholders pay for everything, they own the company
Irr3l3ph4nt t1_ixocr8t wrote
They could have paid every laid off employee 1.4M...
heliumeyes t1_ixojrqf wrote
1.4B/10,000 = 140k
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