Amazon axes 18,000 headcount, almost double the planned

Retail (well online retail) has been strong for 24 months but is falling off dramatically now and moreso to come.

A WHOLE lot of companies are seeing this. Check out the planned layoffs being reported. More will be rolling out soon.

Amazon I think considers themselves a tech company.....it is tech jobs that are getting creamed....because so many of those jobs are going away which are filled with entitled know nothings who either add little or nothing to the bottom line or else subtract from it...which is going to come as a shock to a lot of people.
 
A lot of people in the Seattle area will be out of a job soon....and the days that there were plenty of jobs or that it made sense to live anywhere near Seattle are long gone.

Outside the city it's still ok. Indeed, it's beautiful country out here once you get used to the long gray winters.
 
Kinda doubt all the jobs are Seattle based. They have warehouses all over the country.

They are mostly Seattle based. The warehouses are fully automated and that staff is still packing stuff pretty damn fast. Amazon is investing in new warehouses as well. That also means staffing them.
 
Retail (well online retail) has been strong for 24 months but is falling off dramatically now and moreso to come.

A WHOLE lot of companies are seeing this. Check out the planned layoffs being reported. More will be rolling out soon.

Retail everywhere is having problems. It has to do with supply lines being so fucked up.
 
Amazon I think considers themselves a tech company.....it is tech jobs that are getting creamed....because so many of those jobs are going away which are filled with entitled know nothings who either add little or nothing to the bottom line or else subtract from it...which is going to come as a shock to a lot of people.

They are a tech company. All online retail is. Someone has to build and maintain the website, the catalog, the order handling system, shipping coordination, etc. Amazon also runs their website in multiple languages. A lot of that is done in Seattle by people who know that language.
In addition, Amazon invented the cloud. AWS is the most extensive set of cloud servers available. That's all tech work. The Amazon website itself runs on AWS.

They also created and maintain the Alexa service. They have no intention of abandoning it. It also runs on AWS.
 
Retail (well online retail) has been strong for 24 months but is falling off dramatically now and moreso to come.

A WHOLE lot of companies are seeing this. Check out the planned layoffs being reported. More will be rolling out soon.
These are primarily white-collar jobs. The S&P will take a big hit causing waves in the entire economy. Predictions are for fools but the Greater Depression before the 2024 election is a good bet.
 
Retail (well online retail) has been strong for 24 months but is falling off dramatically now and moreso to come.

A WHOLE lot of companies are seeing this. Check out the planned layoffs being reported. More will be rolling out soon.

Which is why it's time to get rid of the deadwood.
 
These are primarily white-collar jobs. The S&P will take a big hit causing waves in the entire economy. Predictions are for fools but the Greater Depression before the 2024 election is a good bet.

We are already in a depression. We have been since Democrats shut down the economy over Covid19 fear mongering. Amazon made this announcement after a terrible Christmas season.

People aren't buying at Amazon because they are going to other retailers, people are simply not buying. They have their budgets full just trying to keep food on the table (and keep the table and house that it's in!).
All retailers are seeing reduced activity, not just Amazon.
 
When it comes to lefties Antifa is talked about like the Old Mobsters talked about the Mafia......" I dont know what your talking about, there is no mafia,...it doesnt exist" ;)

The funny part is that there is nothing about "violent riots" on their website. :laugh:
 
When it comes to lefties Antifa is talked about like the Old Mobsters talked about the Mafia......" I dont know what your talking about, there is no mafia,...it doesnt exist" ;)

They usually say the FBI calls it an "idea." Does this look like an "idea" to you?

Antifa6_MayDayprotestrally_WilliamGagan.jpg


1zzz-17.jpg
 
The funny part is that there is nothing about "violent riots" on their website. :laugh:

Ahhhhh, pretty sure if the KKK had a website they wouldnt publicly post the upcoming cross burning and lynching on theirs either......:laugh:
 
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