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Amazon To Fire 10,000 Employees, Largest Layoff In Company History

This topic can be found at:
https://sigforum.com/eve/forums/a/tpc/f/320601935/m/6910062694

November 14, 2022, 10:47 AM
PASig
Amazon To Fire 10,000 Employees, Largest Layoff In Company History
Hmmmmm...Didn't President Two Scoops just assure us all the economy was strong as hell?

Funny how all this starts AFTER the midterm elections are safely over for Democrats. Roll Eyes

Amazon To Fire 10,000 Employees, Largest Layoff In Company History

By BIL works in a tech company and was just warned that a big round of layoffs are coming, all these companies are starting to retrench for 2023 Frown


November 14, 2022, 10:52 AM
Edmond
I thought there were plenty of jobs to go around? Confused


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November 14, 2022, 11:01 AM
BigSwede
Ruh Roh

That rail road strike might be right around the bend too



November 14, 2022, 11:12 AM
bendable
Some may be hired back , Amazon is opening new fulfilment centers in the future





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November 14, 2022, 11:26 AM
Cookster
From Treehouse a couple of days ago -

With Elections Over U.S. Multinationals Begin Announcing Job Cuts


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"I'd rather have a bottle in front of me than a frontal labotomy."
November 14, 2022, 11:32 AM
Ronin1069
I’m sure that those who are about to be fired will take comfort in their boss’s generous charity… Roll Eyes

Jeff Bezos says he plans to give away most of his $124 billion fortune

Billionaire Amazon founder Jeff Bezos recently said he plans to give away the “majority” of his fortune. Bezos’ comments were made in an interview with CNN on Saturday, when he said he plans to use his wealth to fight climate change and to support societal “unifiers.” Bezos is worth about $124 billion, according to the Bloomberg Billionaires Index.


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November 14, 2022, 11:59 AM
Balzé Halzé
quote:
Originally posted by Ronin1069:
Bezos’ comments were made in an interview with CNN on Saturday, when he said he plans to use his wealth to fight climate change and to support societal “unifiers.”


He might as well just throw it into a volcano. What a ridiculous waste of money.


~Alan

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November 14, 2022, 12:04 PM
radioman
Small nit here.

Fired generally means you don't get unemployment payments and generally you can't get re-hired.

Layoff generally means you get unemployment and generally can be hired back at a future date.

So, these 10,000 were not "fired." Well, some may have been... but in general.


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Let's Go Brandon!
November 14, 2022, 12:23 PM
sigfreund
quote:
Originally posted by radioman:
Fired generally means you don't get unemployment payments ....


I have seen that statement before, and perhaps it is true generally, but some 20+ years ago a co-worker was let go and when he applied for unemployment payments, the store manager got a call to confirm that he had been fired, and for why, and hadn’t just quit on his own. In Colorado.




6.4/93.6
November 14, 2022, 12:44 PM
architect
Back when I was first working a day job, you had to conform to a number of strict criteria to get unemployment, not being fired for cause, not quitting, etc. Over the years these criteria faded away, and by the time I was in a management/ownership position, pretty much any employee let go could be expected to qualify, fighting it (to try to keep your companies experience level down) often meant at least the threat of a lawsuit. I can't imagine it has gotten less lenient since then. Fired, quit, indicted, probably makes no difference, Uncle Sugar will take care of you.
November 14, 2022, 12:51 PM
erj_pilot
quote:
Originally posted by BigSwede:
Ruh Roh

That rail road strike might be right around the bend too
Then hopefully a Delta strike, then United strike, then……



"If you’re a leader, you lead the way. Not just on the easy ones; you take the tough ones too…” – MAJ Richard D. Winters (1918-2011), E Company, 2nd Battalion, 506th Parachute Infantry Regiment, 101st Airborne

"Woe to those who call evil good, and good evil... Therefore, as tongues of fire lick up straw and as dry grass sinks down in the flames, so their roots will decay and their flowers blow away like dust; for they have rejected the law of the Lord Almighty and spurned the word of the Holy One of Israel." - Isaiah 5:20,24
November 14, 2022, 01:57 PM
Rick Lee
In AZ you can definitely get UI benefits if you get fired, as long as you didn't try to get fired and the boss doesn't claim you were trying to sabotage the business. I've been fired twice and had no problem collecting. Now I work for myself, so I probably can never get UI benefits again.
November 14, 2022, 02:39 PM
oddball
quote:
and to support societal “unifiers.”


Commie politicians Roll Eyes



"I’m not going to read Time Magazine, I’m not going to read Newsweek, I’m not going to read any of these magazines; I mean, because they have too much to lose by printing the truth"- Bob Dylan, 1965
November 14, 2022, 03:01 PM
stoic-one
quote:
Fired, quit, indicted, probably makes no difference, Uncle Sugar will take care of you.
Depending on which state you live in, your former employer may be on the hook for your unemployment payments too.


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November 14, 2022, 03:10 PM
Gustofer
quote:
Originally posted by Balzé Halzé:
quote:
Originally posted by Ronin1069:
Bezos’ comments were made in an interview with CNN on Saturday, when he said he plans to use his wealth to fight climate change and to support societal “unifiers.”


He might as well just throw it into a volcano. What a ridiculous waste of money.


Yeah, this just angers me. Why don't these extremely wealthy people actually do something good with the money they throw away? Scholarship funds, paying off medical bills or mortgages for those really in need, helping the poor and the homeless, helping veterans, etc.... So many truly worthy and morally sound causes, and they piss it away on the climate change hoax. Roll Eyes


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November 14, 2022, 03:23 PM
fiasconva
They just opened up a huge facility not too far from here last week. Wonder how it's going affect that?



"Even if the world were perfect it wouldn't be." ... Yogi Berra
November 14, 2022, 03:32 PM
wishfull thinker
Don't expect the dough to go to existing organizations in any material way. The likely avenue to 'give back' is to form a charitable foundation or trust which will be a sinicure for family and butt buddies for life. After the skim the charity will benefit but the lifetime, high paid seats on the boards for children, cousins, faithful fluffers are a serious part of it.

My experience, which is long and arduous, in these matters is that modest estates go to the problem, serious money goes to the hi profile, all show, no go operations.

It's their money, they can do what they want with it and if uncle sugar doesn't get any of it that's OK too. But excuse me if I don't get all gushy about their charitable intent and their lavish generosity.


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November 14, 2022, 03:40 PM
David Lee
quote:
Originally posted by fiasconva:
They just opened up a huge facility not too far from here last week. Wonder how it's going affect that?
They are building 250 Last day delivery centers around the country and investing in 10,000 electric vehicles. They just built 2 Last day delivery stations here, 1 in northern Kentucky, not yet opened and 1 in north west Cincinnati.
November 14, 2022, 04:08 PM
chellim1
quote:
Originally posted by Ronin1069:
I’m sure that those who are about to be fired will take comfort in their boss’s generous charity… Roll Eyes

Jeff Bezos says he plans to give away most of his $124 billion fortune

Billionaire Amazon founder Jeff Bezos recently said he plans to give away the “majority” of his fortune. Bezos’ comments were made in an interview with CNN on Saturday, when he said he plans to use his wealth to fight climate change and to support societal “unifiers.” Bezos is worth about $124 billion, according to the Bloomberg Billionaires Index.


So is the giving all about saving the planet and helping humanity, or is it just a giant tax shield?

These guys aren't giving anything away to REAL charities. Just like Bill Gates, the whole time he was giving away money to support vaccines in poor countries he was buying up Pfizer stock, almost like he knew what was coming, everything they give to charity comes back to them 10 fold. They fund crap that the WEF wants, in exchange they aren't attacked, and then their businesses get pushed onto the public by government.



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November 14, 2022, 04:44 PM
rscalzo
They are laying off ten thousand....out of about 1.3 MILLION employees. Not like they are going under.

They have so many areas that may not be profitable and being shut down. Who knows but it's far from a large chunk of their operation.


Richard Scalzo
Epping, NH

http://www.bigeastakitarescue.net