Amazon could cut 14,000 managers soon and save $3 billion a year, according to Morgan Stanley

    https://www.businessinsider.com/amazon-could-cut-managers-save-3-billion-analysts-2024-10

    Posted by caughtinthought

    35 Comments

    1. Cant read it paywalled, but I bought Amazon stock based on fact AI and robotics would soon replace a lot of employees.

    2. ZombieJesusaves on

      Remember, return to office is always an attempt at a layoff without having to pay severance

    3. No-Kitchen6207 on

      Legit. Amazon has an army of managers armed with laptops that think they do a lot but in reality accomplish nothing besides have meetings with each other. Fuck Amazon.

    4. I have a friend who is a manager at Amazon. Confirmed they do nothing besides buy snacks with Bezos’ card and steal time on their paychecks.

    5. mybossthinksimworkng on

      Unreal that a company whose gross profit for 2023 was $270 BILLION- an increase of nearly 20% from the year before is looking to cut costs and cut out employees.

    6. Good. Most companies have FAR too many managers and directors that just create bureaucracy…get rid of them

    7. DryPriority1552 on

      Amazon managers are the worst kinds of industry. They had this coming from miles away.

    8. This is expected and more tech companies will follow. Basically Elon showed it can be done with X, and companies like Meta soon followed.

    9. steppinrazor2009 on

      The PiP’ers become the PiP’ees. How the turntables turn. That whole place is so weird.

      Just the fact that they have more than 14000 managers is the craziest shit.

    10. Are the managers who could be cut, the type that wear a shirt and tie, spend the day sitting in an office, and do not fill in for staff when they call in sick for a shift?

      Or are these managers who wear steel toe shoes which need yearly replacing, spend their day on the work floor, and do the same job as most ppl under them and can fill in for any shifts if their staff call in sick?

      Some managers have a title and a bit more pay, but very similar work days as those they manage. Other managers, have really nice desks while those they manage, are no where near them.
      What kind of managers does Amazon want to get rid of and what kind do they have 14000 spare ones?

    11. Kuchinawa_san on

      The worse is when managers couldnt even replace the workers when there are gaps.

      Useless admin assistants ths bunch are.
      “Did you feel out your timesheet” can be an automated email, no need for a human for that.

    12. SnooMarzipans902 on

      Gotta love profit maximizing, great for shareholders.

      Fuck the overpaid plebs. Good luck replacing those salaries outside FAANG

    13. MurkyFaithlessness97 on

      No shit. Big organizations have bloat, it’s unavoidable. And most companies would run fine even after significant layoffs. The Pareto Principle (“20% of the workers do 80% of the work”) was coined in 1941, and frankly, this problem has always been with us throughout human history.

      The real question is: if you fire all the unproductive laggards from all the companies, who are going to buy all the junk that these companies are selling in the first place?

    14. Could? Jassy sent an email to all employees saying he wants to reduce the ratio of managers to individual contributors by 15%. This was in the same announcement email as 5 day RTO, but it basically means 15% of managers are getting canned.

      I worked in Amazon corporate for 2 years as an L6 individual contributor. L7 managers there were the most worthless employees I’ve ever seen. I had 3-4 different L7 managers over my 2 years and none of them helped me with anything. I managed my entire work and scope and managed myself. All they did was take my work and push it upwards and bother me by asking annoying questions about my work when they weren’t even going to try to help in any way.

      Amazon could honestly cut all L7 positions and not much would change.

    15. And then they came for the middle managers, and I said nothing… because it was fuckin funny

    16. Realist_reality on

      They should absolutely do that stock is being held back on so many levels it’s crazy!

    17. Doesn’t surprise me at all with their bad leadership and culture. Amazon got very lucky with timing and developing AWS before legacy IT companied figured out what was happening. Great ability to then win at capitilism. When you don’t have to worry about your departnent making money.

      Having a golden goose subsidize all these pet projects with no clear strategic strategy besides move into a buisness see if we can under cut the competition then once theyre gone raise prices and actually make money. Like Google but worse for some reason.

      I’m surprised their reports arent automated dashboards that just get generated by a complex program then actual key leadership can make informed decision. They track the drivers and package handlers piss breaks surely they can automate corporate reports. But how will senior managers feel better about themselves unless they are superior to a few over paid slide deck monkeys.

    Leave A Reply
    Share via