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by homeland221 1300 days ago
If you look at the Amazon revenue and stock prices which is closer to something like 2018-2019 before pandemic, they only had 800K staff back then. Now they have 1.6M. You do the math. 20K only? If they can shed it under 50K that would have been miracle...I won't be surprise by end of 2023, they total more than 1M let go.
1 comments

You're drastically conflating two very different sides of the house. Hourly workers are generally employed in logistics, FCs, customer service etc. This segment dramatically increased in 2020, to 1.2-1 4M employees IIRC, and for the past year CFO Olsavsky has talked about shedding ~20% of this workforce as demand scales back down. A lot of that is simply accomplished by slowing hiring and letting the high turn over rate happen.

Separately there are teh corporate employees in finance, tech roles, management, etc. These are teh employees in question when CEO Jassy and friends have talked about shrinking some divisions like health care or alexa. This is also where the recent 10-20k numbers are concerned.