this post was submitted on 05 Oct 2024
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Amazon Layoffs: Amazon is reportedly planning to reduce 14,000 managerial positions by early next year in a bid to save $3 billion annually, according to a Morgan Stanley report. This initiative is part of CEO Andy Jassy's strategy to boost operational efficiency by increasing the ratio of individual contributors to managers by at least 15 per cent by March 2025.

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[–] heavy@sh.itjust.works 12 points 1 month ago (1 children)

I'm gonna assume you don't know any better. Not saying there aren't bad or stupid middle managers, but usually the middle manager is the person who got shoved into a "management" position they probably didn't want, and all they really get to do is take all the heat when decisions they didn't make blow up in their face. It also usually comes with false promises of raises but upper management never really intends on giving it.

It's like, top level squeezing the bottom out 101.