Posted on 07/01/2021 7:00:24 PM PDT by E. Pluribus Unum
Bezos’s Reign at Amazon Comes to An End
Jeff Bezos will officially step down as CEO of Amazon this Monday, putting Andy Jassy at the helm of the e-commerce company led by Bezos since its founding in 1994. As the pioneer of Amazon Web Services, the company’s remarkably profitable cloud-computing business, Jassy has been . . .
The Financial Times reports:
Several people who have worked with Jassy speak of his affable yet precise manner — with an impressive recall of relevant data and technical detail — that should serve him well under the political spotlight, as he contends with unprecedented levels of hostility aimed broadly at Big Tech, and Amazon in particular.
“This is where he’s different to Bezos,” says Skok. “He’s massively factual in his arguing, and his approach is to get into the weeds if you need to go toe-to-toe with people on details.”
Bezos will stay on as chairman of the board, but will only be involved in “irreversible” decisions. His departure comes at a time when the company is under massive regulatory scrutiny. Insiders hope the promotion of Jassy will give the company a lower profile:
There is hope within Amazon, according to several people familiar with its political strategy, that Jassy will replace Bezos as the public face of Amazon. The goal is to swap out the world’s most recognisable businessman, who to some is the very embodiment of capitalism’s excesses, for an understated sports fan. Jassy’s stake in Amazon is worth just over $300m, compared with the $175bn fortune of Bezos.
Judging by Amazon’s stock price, investors have full faith in Jassy’s ability to lead the company. While succession plans often lead to a decline in market capitalization, Amazon’s $1.7 trillion valuation has barely budged.
(Excerpt) Read more at nationalreview.com ...
Maybe new CEO Jazzy will focus on improving the work conditions for their employees. I keep hearing how the workers are obsessively monitored at all points of production. Delivery Drivers are under tight time constraints too. I know some discipline is needed in any workplace, but Amazon has a reputation for overdoing it.
They may lose job status very quickly from taking ‘too many’ bathroom breaks.
It sounds like a modern day Sweat Shop, but for adults.
Bezos has to crack the whip, he could find himself slipping from being worth $185,000,000,000 to only being worth $184,500,000,000.00.
Go ahead and guess where he stands on those issues... *eyeroll*
Jassy is also a Hah-vard business school graduate.
” I keep hearing how the workers are obsessively monitored at all points of production.”
I later learned that employee bathroom breaks were clocked, workers weren’t allowed to talk on the line, could be fired if they didn’t like your attitude and that the assembly line would be speeded up to increase production. He paid well, but the working conditions were horrible.
When I hear about out of control assembly lines, I think of that classic scene on I Love Lucy; Lucy and Ethel work in a candy store, and the chocolates come down to them on a conveyor belt. Management controls that conveyor belt, just like Henry Ford’s people did.
My prediction:
The more things change, the more they stay the same...
Lucy and Ethel work in a candy store, and the chocolates come down to them on a conveyor belt.
I’ve worked there’ it’s not that bad. The problem is, young people these days come out of school thinking they shouldn’t have to follow rules. Amazon has rules, rules that make sense. The work ethic is missing from many young people these days.
The difference is Bezo doesn't pay well AND the working conditions are horrible.
I worked in a massive glass bottle factory on a production line. I unfolded and assembled whatever boxes were needed for the particular bottles that were being produced. It was a terrible job, in that it was extremely hot, even in winter it was always over 100 degrees. I’d typically lose 8 - 10 lbs in water weight over 8 hours. Despite paying well, few lasted more than a year. You were given 3 10 minute breaks and you had to use the break to use the bathroom. No exceptions and you were under constant surveillance/supervision. Most people didn’t last more than 2 or 3 days. Typically you’d hand staple 6 - 8 boxes per minute to keep up. They’d lay you off one week per month.
He wants more slaves. Er, immigrants.
Amazon's global workforce is ~1.3 million employees. The total US workforce is ~130 million.
If ALL of Amazon's jobs were in the US. 99% of all jobs would be somewhere else. On a global basis is has to be 99.5% of all jobs are somewhere else.
If you do not like your job at Amazon, opportunity beckons in many other places.
Did I say one couldn't the leave job?
But thanks for the non sequitur.
Judging from the vast number of Amazon drivers wanted ads I’m seeing in Florida, they can’t lure anyone into taking the jobs. I have a perfect driving record and wouldn’t touch that company with a ten foot pole because of Bezos and their assinine anal-retentive management practices.
And attitudes like yours is why people quit, take government handouts and vote Democrat.
He is still the owner. He can change back anytime he wants. And I’m sure his word is still law with the new CEO
To all those who complain about being “worked to hard” by their employer, I say to them, quit, start your own company, and show us how it should be done.
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