[jacobsenscott]

Amazon's economy has only improved in the last 10 years.

These firings are coordinated across large tech companies to reduce salaries and benefits, make employees work longer hours, and in general shift the power away from employees and back to the executives.

[simplotek]

> Amazon's economy has only improved in the last 10 years.

This is a very ignorant take. In 2022 Amazon became the first company ever to lose $1trilion market value.

https://www.bloomberg.com/news/articles/2022-11-09/amazon-hi...

In concrete terms, Amazon's stock prices tanked over 50% in less than a year.

This is not the hallmark of a healthy company.

> These firings are coordinated across large tech companies to reduce salaries and benefits, make employees work longer hours, and in general shift the power away from employees and back to the executives.

Your conspiracy theory ignores the fact that until very recently all companies were on a hiring binge without having any business case beyond "growth", not to mention that they are moving jobs overseas for years replacing highly paid engineers in the US with modestly paid engineers in India and Europe.

[jacobsenscott]

Amazon's stock price rises and falls with the rest of the market. It does not indicate "corporate health". There's no conspiracy theory here - tech companies have a history of colluding to suppress wages. Even if there's no collusion here it is easy for executives to recognize an opportunity to cut wages and employee power and they'll all jump on it.