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Seems like it worked fine. They laid off a quarter of their junior principal engineers, the stock went up. They had a massive outage a few months later, the sto
by CobrastanJorji 1y ago
Seems like it worked fine. They laid off a quarter of their junior principal engineers, the stock went up. They had a massive outage a few months later, the stock went up again. Everything's working out fine for their strategy so far.
- few 1y agoI remember comments saying the stock went up because the average joe didn't realize how much of the internet was powered by AWS until all their day to day apps started failing. To most people Amazon is an online shopping site.
- selimthegrim 1y agoThe memes going around when the National Inquirer tried to blackmail Bezos and people were showing what their site was running on were pretty classic
- array_key_first 1y agoIt continues to work until eventually the debt is so high the company implodes. See: general electric, RCA, Xerox, GM
- foobarian 1y agoYou would think this would eventually show up on the balance sheets, right? Presumably a lot of their big customers have SLAs with money penalties, so maybe next quarter earnings? Or quarter after that?
- dmoy 1y agoSLA monetary penalties won't make the difference there. Enough giant customers moving substantial workload off of AWS (either to another cloud, or otherwise) would, but the timeline for that is years, not next quarter.
- mcny 1y agoMore likely outcome is the companies will spend even more on AWS, deploying to multiple AWS regions... Just a guess but I think this bubble will stretch a bit more before it pops.
- b00ty4breakfast 1y agoThe entire thing reminds me of Wile E Coyote suspended in mid-air before he looks down and plummets to the bottom of a ravine