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This is actually funny in that it reminds me of a Big Dumb Bank that I worked for post-GFC that was so screwed they were in endless cut mode. One year they bas
by steveBK123 3y ago
This is actually funny in that it reminds me of a Big Dumb Bank that I worked for post-GFC that was so screwed they were in endless cut mode. One year they basically ran out of money to severance people out by Q3. How the accounting magic of this works is beyond me, but they continued to employ these people instead of laying them off.
There were entire disbanded teams that resulted in roving packs of feral engineers showing up to the otherwise business casual office wearing sandals, baseball caps, and tees.. basically screwing around all day but showing up 10-3.
Some of them were offered up to existing teams "for free" for the rest of the year, but most of them were so far gone that it wasn't worth assigning them any tasks you actually needed done.
It's interesting that AMZN has gotten to this point so quickly from peak.
- ActorNightly 3y agoAmazon was never at "peak". They paid second lowest after Amazon, they never really did anything huge in terms of tech. The stuff they are getting rid of now are things that they had money to spend on previously, but now don't. AWS is still raking in massive profit margins and the leader, retail is the largest source of revenue, and none of that is going away any time soon.
- swyx 3y ago> Amazon was never at "peak". They paid second lowest after Amazon, looks like a typo. did you mean something else?
- steveBK123 3y agoYes and AWS seems to be simultaneously the cash cow & the worst / highest churn part of AMZN to work at, on the engineering side...