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What is the sentiment of the investment community? Researchers covering Amazon and majority shareholders influence the decisions that Jassy is making. He's no
by say_it_as_it_is 3y ago
What is the sentiment of the investment community? Researchers covering Amazon and majority shareholders influence the decisions that Jassy is making. He's not taking a hard line just because he's a tough guy who doesn't care about employees. Focus on the situation.
- CoastalCoder 3y agoOoh - nice observation! Large investors are motivated to carefully examine the issue, with a singular focus on the company's performance w.r.t. their fund's goals. Presumably those fund managers are somewhat dispassionate about the managements' and employees' takes on the topic, excepting for how they'll affect the company performance.
- mr_tristan 3y agoWell, as an employee of Salesforce, I witnessed operating margin goals of activist investors drive a layoff this year. (And Salesforce just met those goals last week.) Part of me wonders if that's just broad inflationary concerns and uncertainty about the world economy, pushing for profits over everything else. Really seems short-sighted, but, so did the "hire everything that breathes" era in the 2010s, too.