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Interesting. I always thought of Prime Video and Amazon Studios as loss leaders. Also they were investing so much into the studio as to become the dominant lea
by xyst 3y ago
Interesting. I always thought of Prime Video and Amazon Studios as loss leaders. Also they were investing so much into the studio as to become the dominant leader in 20 yrs as they streamline the process and pump out IP more efficiently (similar to AWS).
Seems like they are going backwards or current CEO doesn’t have the backbone to make it happen.
- malfist 3y agoFull disclosure: disgruntled amazon employee It seems like lately a lot of our CEO's decisions lack backbone or conviction. It seems like he go the role of CEO by yes-maning Bezos (See brain double quote here: https://www.nytimes.com/2021/02/03/technology/andy-jassy-amazon-ceo-jeff-bezos.html https://www.nytimes.com/2021/02/03/technology/andy-jassy-ama...) A lot of the decisions made by our CEO lately have been justified with "not invented here" logic. Announcements for both RTO and layoffs have been justified with "other leaders are doing it" statements. Unpopular decisions (like RTO) are made days after a public forum where our CEO could have announced it.
- andsoitis 3y ago> It seems like lately a lot of our CEO's decisions lack backbone or conviction. It seems like he go the role of CEO by yes-maning Bezos For sake of argument, I’m assuming Jeff Bezos decided who to succeed him. Your observation would imply that you think Jeff Bezos made a poor decision. He is often lauded for his insights and good decision-making, but of course that doesn’t mean one is infallible. Do you think his choice was wrong and he made a mistake?
- birdymcbird 3y agothis is amazon culture since beginning. decision making federated to director level or VP organization and s-team only step in on bigger goal. rto not even top 3 company problem though. main issue is fast pace culture that had its own problem with retention now turned into lazy, cancerous zombie. -performance bar lowered at all levels. -management layers overrun by hires from failing companies. i left after 10 years. tech stopped hiring innovators. it simply h1b wagon..people who do exactly as told because they afraid of PIP and having to move back to india. the other class of worker is a politician from some company like ibm. from ibm, they bring EXTREME culture of politics and empire building. my theory that amazon leadership know this biggest business risk. any rto policy to get these people to quit without severance. amazon leadership know problem so bad they will risk strong talent.
- rglullis 3y agoDatacenters and cloud services are commodities. TV shows are not. Anyone that thinks you could apply the same strategy to very different types of products would be successful only by luck.