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> I consistently pay attention to what Amazon does, as the company has read the market well for the past decades: both from a business perspective, and also fro
by angarg12 4y ago
> I consistently pay attention to what Amazon does, as the company has read the market well for the past decades: both from a business perspective, and also from how to attract and retain software engineers - doing this in a frugal way.
I've been in Amazon for several years, and I couldn't disagree more.
Amazon has always been terrible at attracting, and particularly retaining talent. It's compensation philosophy is bad at rewarding tenured employees and high performers. The saving grace was that stock grew insanely during the bull market of the 2010s. Many people made lots of money and it acted as very effective golden handcuffs.
However the situation is very different now. Stock has been flat for over 2 years, so the singular most important reason to stay is gone. It's going to be interesting to see how the market evolves during the next 1-1.5 years.
I definitely agree it's interesting to pay attention to what Amazon does. Whether it's to copy or avoid it, remains to be seen.
- brutusurp 4y ago> Amazon has always been terrible at attracting, and particularly retaining talent. Could not agree more. It appears the culture is quite toxic, in addition to the lower-tier pay. Not to many people ever leave Amazon saying "wow, most fun ever" like they do at places like Google. Even when layoffs were happening, ex-Googlers were consistently expressing sorrow over losing a team they really enjoying working with. Not so for Amazon. Instead it's chants of "never again."