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by pxlpshr 1207 days ago
I'm sorry but there's no correlation to AMZN's stock price reaching all-time highs. 1) The entire world was caught in a two-year pandemic and caused e-commerce to exceed retail spending virtually overnight (See: SHOP, BIGC, etc)... and 2) The fed printed an asinine amount of money that dislocated the market from reality.

Your work-from-home team had nothing to do with either of those two massive tailwinds.

3 comments

Sure, but was the company tanking because we were all working from home?

No?

All I'm saying is that the company was operating just fine despite everyone being remote. There wasn't a financial reason to do it, and probably lots of good financial reasons not to (sell the offices, reduce overhead that way).

Yeah, it strikes me as odd that Amazon is a company whose success is absolutely predicated on having a minimal physical presence, yet their leadership has become obsessed with getting their employees to work in a physical office.

Like, what if we could do all this over the internet?

I can understand they want it. What I can't stand is their doublespeak and complete inability to openly address the issue. "Yes, we understand you prefer remote work but we prefer to have an eye on you and control you more" is a fair statement. "We know you all want to come back" just makes me furious.
If the stock goes up, you will not give credit to remote work.

If the stock goes down, you will blame remote work.

The point is that the company wasn't going to make big invasive moves while the stock was up.