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Amazon laying off hundreds of corporate employees in rare cutback
Seattle Times ^
| 02/12/2018
| Matt Day
Posted on 02/12/2018 9:36:13 AM PST by SeekAndFind
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To: SeekAndFind
Gotta feed the beast!.................Bezos Bank Account!................
2
posted on
02/12/2018 9:37:11 AM PST
by
Red Badger
(Wanna surprise? Google your own name. Wanna have fun? Google your friends names......)
To: SeekAndFind
3
posted on
02/12/2018 9:37:53 AM PST
by
Red Badger
(Wanna surprise? Google your own name. Wanna have fun? Google your friends names......)
James Patterson has a new book out about a huge firm taking over America. He never labels it as Amazon, but it doesn't take an FBI agent to tell us, the book is about Amazon. The book is called the "Store"!
4
posted on
02/12/2018 9:44:03 AM PST
by
Grampa Dave
(Never pick a fight with an angry beehive of 64+ million Trump Deplorables. You will lose!)
To: SeekAndFind
If you hire 35,000 people in 7 years, you will hire many who seemed good but have turned out to be unsatisfactory. It is not surprising if some cleaning-up is in order.
While I find Jack Welch’s idea that every company should get rid of the bottom 10% every year risible, if you have not gotten rid of anyone for a decade there is probably a lot of low-hanging fruit.
To: SeekAndFind
on a related note:
Why would Amazon start up a new delivery service, rather than buy an existing one, like UPS or Fed Ex?
It would be easier to expand or tailor one of these than to start from scratch.
6
posted on
02/12/2018 9:44:57 AM PST
by
G Larry
(There is no great virtue in bargaining with the Devil)
To: SeekAndFind
Jack Welch’s principle of continuous trimming of the management bureaucracy.
7
posted on
02/12/2018 9:46:20 AM PST
by
SubMareener
(Save us from Quarterly Freepathons! Become a MONTHLY DONOR)
To: G Larry
UPS has a union to contend with. FedEx is document heavy and Amazon may want to concentrate on packages.
8
posted on
02/12/2018 9:47:36 AM PST
by
Dr. Sivana
(There is no salvation in politics.)
To: SeekAndFind
My guess would be Christmas rush is over.
9
posted on
02/12/2018 9:49:22 AM PST
by
IC Ken
To: Dr. Sivana
also if you build the business your self, you can hire mostly younger workers.
10
posted on
02/12/2018 9:50:06 AM PST
by
bob_esb
(wAT)
To: SeekAndFind
Things that happen when you don’t hire a CPA to keep an eye on the numbers tada.
11
posted on
02/12/2018 9:50:21 AM PST
by
Vaduz
(women and children to be impacIQ of chimpsted the most.)
To: SeekAndFind
Amazons purchase of Whole Foods was a HUGE MISTAKE!!! The food industry is a different kind of beast Amazon has NO EXPERIENCE in!!! Amazon however should be able to absorb the losses and will also be a HUGE write off for them!!!! In the short run though people will lose their jobs!!!
To: proxy_user
My take as well. Wonder if this is the Trump affect, or just part of the cycle.
13
posted on
02/12/2018 9:52:56 AM PST
by
robroys woman
(So you're not confused, I'm male.)
To: SeekAndFind
Much money does Bezos need to support the failing Washington ComPost, especially after the stock tumbles of last week. :-)
14
posted on
02/12/2018 9:55:20 AM PST
by
Tolerance Sucks Rocks
(The US Constitution ....... Invented by geniuses and God .... Administered by morons ......)
To: Trump Girl Kit Cat
As I understand it, Amazon took just-in-time delivery to the extreme with Whole Foods; lots of empty shelves. Sad.
15
posted on
02/12/2018 9:57:38 AM PST
by
Tolerance Sucks Rocks
(The US Constitution ....... Invented by geniuses and God .... Administered by morons ......)
To: SeekAndFind
Perhaps stock holders are starting to wonder if Amazon is ever going to post a real profit.
16
posted on
02/12/2018 10:03:22 AM PST
by
redgolum
To: proxy_user
“While I find Jack Welchs idea that every company should get rid of the bottom 10% every year risible, if you have not gotten rid of anyone for a decade there is probably a lot of low-hanging fruit.”
Apply this logic to the federal bureaucracy. I suspect a cut of 20% to the payroll of every agency and at least 50% to the overpaid “consultants” advising every agency would have no adverse impact on the ability of the federal government to function.
17
posted on
02/12/2018 10:04:48 AM PST
by
Soul of the South
(The past is gone and cannot be changed. Tomorrow can be a better day if we work on it.)
To: Dr. Sivana
Fedex is slowly shifting to ground package handling, sorting, and delivery over air overnight. The two segments will remain, but make no mistake, FedEx is pumping much of it’s investment in growth into ground service.
18
posted on
02/12/2018 10:13:25 AM PST
by
blackdog
To: SeekAndFind
So they have cities all over the country working themselves into a lather about HQ2 WHY, exactly??
To: blackdog
Fedex is slowly shifting to ground package handling, sorting, and delivery over air overnight. The two segments will remain, but make no mistake, FedEx is pumping much of its investment in growth into ground service.
Agreed, but UPS won't give that up without a fight, and even the USPS is willing to lose money on deals with Red China and Amazon to keep the volume up. Amazon might also be interested in seamless logistics from order to delivery that they control. They ARE good at that.
20
posted on
02/12/2018 11:29:44 AM PST
by
Dr. Sivana
(There is no salvation in politics.)
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