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> We are seeing a bit of a market downturn - but it hasn’t hit Amazon pocketbook now, has it? Are they in danger of running out of money? What happened to “peop
by throwawaylinux 4y ago
> We are seeing a bit of a market downturn - but it hasn’t hit Amazon pocketbook now, has it? Are they in danger of running out of money? What happened to “people are our most important resource”?
People are an important resource, certainly for a company like Amazon, and probably the most expensive too. But I don't understand the argument -- you don't just throw money around like that on any other resource.
Certainly up until this year it was a seller's market in tech and I saw a lot of movement to chase bigger salaries (which is fine and people should try to get what they want while the getting's good).
> And this brings me to my main point - I think years of this has had an unexpected side-effect the companies never signed up for: people started treating companies they way companies treating people and we are starting to see the results - quiet quitting, oft bemoaned lack of loyalty, job hopping, etc. Now I am not saying it’s all new, but at least in my observation it’s peaking now and my thesis is these things are connected.
I'm not sure it is, and I'm not sure if you can assign the "blame" (if there is any) to one side.
I think as I said the workers have had a red hot run for quite a few years and it was those peaking conditions that drove the peak in their dissatisfaction. Conditions are going the other way now and people will try to hold their jobs a bit more I expect.
And what started the trend from people being lifetime company men to almost no loyalty? I doubt the ruling class one day got together and decided they'd stop treating workers well. It's surely a lot of factors on all sides. People have far more generational wealth including the investment in education, than in the early 1900s, and there are at least some social safety nets, so job loss might be considered less risky. It has become increasingly easier to advertise, search, apply, recruit for jobs outside the local region with telephone, fax, then internet, email.
I'm not sure what you'd prefer. Certainly people shouldn't be tied down to companies. Should corporations be made to keep people on long after they're costing more than they're producing? When you look at government and places with undue union power (police comes to mind), you get a lot of incompetence, corruption, and just poor organizations where crap floats to the top and they could never compete without enforced monopolies. Unfortunately it never turns places into egalitarian utopias.