Amazon to cut 30,000 corporate jobs 9% of worldwide office workforce

6,595 Views | 87 Replies | Last: 5 mo ago by infinity ag
infinity ag
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Logos Stick said:

infinity ag said:

deddog said:

infinity ag said:

YouBet said:

Beyond the H1B issue which I agree needs to be flat out stopped 100%, what else do we want Congress and Trump to do? Ideally, we don't want the government meddling in the job market because they will f* it up.

The H1B issue is a legitimate one that the government should get involved with since they created the issue in the first place.


I want them to review ALL visas (yes, all) and block the loopholes. Make each visa be used for its real and right intention.

That is it. Will fix most issues.


No. It won't.
Companies will just move jobs overseas.


Then tariff their pants off.
Move all your jobs overseas.. BUT! Pay 50% tariff.
Now let's see who wants to move overseas.

The administration can do wonders if they want to.


A tariff is a tax on imported or exported GOODS. So no, you can't place a tariff on them by definition.

Trump can't legally tax companies because he doesn't like how they choose to allocate labor. The executive branch doesn't have that power.


So what term do you prefer? Tax? Fee? Levy? Mulct?
We can allow companies to pick their term. Maybe they can pick a foreign language too.
As long as they pay up in US Dollars.
infinity ag
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Tom Fox said:

No Spin Ag said:

HalifaxAg said:

Learn to plumb!


In my next life I'm going full on electrician. Screw this college edumication career crap.


You guys laugh, but if by 40 in whatever field you choose you're not working for yourself and have a crap ton invested in the market you have made a mistake. With the exception of people that can earn insanely high income in the corporate world and be set financially in less than a decade.

I know. I made it. I fixed it by my mid 40s. You would be much better off owning your own plumbing company than a corporate drone for Dell.

Humans were meant to have agency. The absence of agency is why everyone looks to big government to solve their problems.


Yep.
Tom and I are in good shape as the future approaches. Smart decisions in 30s and 40s.

The rest of the folks here who laugh, are going to be caught in a sad hurricane, much worse than Melissa is ravaging Jamaica. Social Sec won't help them. Government will laugh at them, very sad. Even H1Bs are going to laugh at them.
Act NOW.
deddog
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AG
samurai_science said:

deddog said:

infinity ag said:

YouBet said:

Beyond the H1B issue which I agree needs to be flat out stopped 100%, what else do we want Congress and Trump to do? Ideally, we don't want the government meddling in the job market because they will f* it up.

The H1B issue is a legitimate one that the government should get involved with since they created the issue in the first place.


I want them to review ALL visas (yes, all) and block the loopholes. Make each visa be used for its real and right intention.

That is it. Will fix most issues.


No. It won't.
Companies will just move jobs overseas.

Lets test that theory and find out


Happened to my company and team last year. And if any of your kids are looking for engineering internships , you wanna guess where most of them are? Not here.
one safe place
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infinity ag said:

Tom Fox said:

No Spin Ag said:

HalifaxAg said:

Learn to plumb!


In my next life I'm going full on electrician. Screw this college edumication career crap.


You guys laugh, but if by 40 in whatever field you choose you're not working for yourself and have a crap ton invested in the market you have made a mistake. With the exception of people that can earn insanely high income in the corporate world and be set financially in less than a decade.

I know. I made it. I fixed it by my mid 40s. You would be much better off owning your own plumbing company than a corporate drone for Dell.

Humans were meant to have agency. The absence of agency is why everyone looks to big government to solve their problems.


Yep.
Tom and I are in good shape as the future approaches. Smart decisions in 30s and 40s.

The rest of the folks here who laugh, are going to be caught in a sad hurricane, much worse than Melissa is ravaging Jamaica. Social Sec won't help them. Government will laugh at them, very sad. Even H1Bs are going to laugh at them.
Act NOW.

It is just so great that you have all the answers and are one of the few who is ready. Must have come from back when you were a CEO?
infinity ag
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one safe place said:

infinity ag said:

Tom Fox said:

No Spin Ag said:

HalifaxAg said:

Learn to plumb!


In my next life I'm going full on electrician. Screw this college edumication career crap.


You guys laugh, but if by 40 in whatever field you choose you're not working for yourself and have a crap ton invested in the market you have made a mistake. With the exception of people that can earn insanely high income in the corporate world and be set financially in less than a decade.

I know. I made it. I fixed it by my mid 40s. You would be much better off owning your own plumbing company than a corporate drone for Dell.

Humans were meant to have agency. The absence of agency is why everyone looks to big government to solve their problems.


Yep.
Tom and I are in good shape as the future approaches. Smart decisions in 30s and 40s.

The rest of the folks here who laugh, are going to be caught in a sad hurricane, much worse than Melissa is ravaging Jamaica. Social Sec won't help them. Government will laugh at them, very sad. Even H1Bs are going to laugh at them.
Act NOW.

It is just so great that you have all the answers and are one of the few who is ready. Must have come from back when you were a CEO?


Not sure what you mean...

All I am saying is "every man for himself, so either you have a business or invest well". Do it now because you don't want to be a corporate slave at 60+".

Just Aggies taking care of Aggies.
infinity ag
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deddog said:

samurai_science said:

deddog said:

infinity ag said:

YouBet said:

Beyond the H1B issue which I agree needs to be flat out stopped 100%, what else do we want Congress and Trump to do? Ideally, we don't want the government meddling in the job market because they will f* it up.

The H1B issue is a legitimate one that the government should get involved with since they created the issue in the first place.


I want them to review ALL visas (yes, all) and block the loopholes. Make each visa be used for its real and right intention.

That is it. Will fix most issues.


No. It won't.
Companies will just move jobs overseas.

Lets test that theory and find out


Happened to my company and team last year. And if any of your kids are looking for engineering internships , you wanna guess where most of them are? Not here.


All the Administration has to do is tax corps who send jobs "there". Watch things change.
Tom Fox
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infinity ag said:

Tom Fox said:

No Spin Ag said:

HalifaxAg said:

Learn to plumb!


In my next life I'm going full on electrician. Screw this college edumication career crap.


You guys laugh, but if by 40 in whatever field you choose you're not working for yourself and have a crap ton invested in the market you have made a mistake. With the exception of people that can earn insanely high income in the corporate world and be set financially in less than a decade.

I know. I made it. I fixed it by my mid 40s. You would be much better off owning your own plumbing company than a corporate drone for Dell.

Humans were meant to have agency. The absence of agency is why everyone looks to big government to solve their problems.


Yep.
Tom and I are in good shape as the future approaches. Smart decisions in 30s and 40s.

The rest of the folks here who laugh, are going to be caught in a sad hurricane, much worse than Melissa is ravaging Jamaica. Social Sec won't help them. Government will laugh at them, very sad. Even H1Bs are going to laugh at them.
Act NOW.

Hopefully we fix this problem ASAP. You have convinced me that we should be much more protective with our domestic job market.
ts5641
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Maroon Dawn said:

Pandemic correction was held off and made worse by Biden's inflationary spending policies but the bill has finally come due like it was always going to

Nuance like this doesn't make headlines though. People need to get their news in memes.
B-1 83
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AG
Muy said:

Bottom line is Amazon is a massive part of the supply chain and this is a good thing for them to become more profitable and efficient.

Ahhh……It's a profit thing!
Being in TexAgs jail changes a man……..no, not really
TexasAGGIEinAR
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Sims said:

Same as Muy - coming mainly from walmart.

I'm in Aledo


We've had drones flying around up here for years. Walmart home deliveries.
YouBet
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AG
Another scary article on the job market and how AI, whether you agree with it or not, is massively impacting the job market. It's not just H1Bs.

AI is a real disruptor.

https://www.wsj.com/economy/jobs/white-collar-jobs-ai-324b749c?st=FBUK68&reflink=article_copyURL_share

Quote:

Mike Hoffman, chief executive of the growth advisory consulting firm SBI, said in the past six months he has cut his software-development team by 80% while productivity has surged. "We have someone managing clusters of agents that are doing coding," he said. "Our AI writes its own Python."

Investors are pressuring companies to streamline operations, Hoffman said, seeking head-count reductions as steep as 30%. Executives should ask themselves whether they can do so and whether it is the right thing to do, he said.

On Monday, the online-learning company Chegg said it would cut 388 jobs globally, about 45% of the workforce, as it pivots to an AI model that automatically answers students' questions.
infinity ag
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YouBet said:

Another scary article on the job market and how AI, whether you agree with it or not, is massively impacting the job market. It's not just H1Bs.

AI is a real disruptor.

https://www.wsj.com/economy/jobs/white-collar-jobs-ai-324b749c?st=FBUK68&reflink=article_copyURL_share

Quote:

Mike Hoffman, chief executive of the growth advisory consulting firm SBI, said in the past six months he has cut his software-development team by 80% while productivity has surged. "We have someone managing clusters of agents that are doing coding," he said. "Our AI writes its own Python."

Investors are pressuring companies to streamline operations, Hoffman said, seeking head-count reductions as steep as 30%. Executives should ask themselves whether they can do so and whether it is the right thing to do, he said.

On Monday, the online-learning company Chegg said it would cut 388 jobs globally, about 45% of the workforce, as it pivots to an AI model that automatically answers students' questions.




AI being a disrupter, yes, I agree. But it will not be in a way how people think it is.
Don't go by what these CEOs put out, they are all looking to make the news by claiming to jump on the AI bandwagon. Today if you are not "AI enabled" people (investors) think you are a dinosaur. So AI is the new religion. At one point in time, it was "Agile" and being "data driven". The tech industry loves these fads.

This is what will happen with SBI.
He has cut his team from 100 to 20. Okay. Productivity has gone up, sure. Using AI, each developer can get more done so the productivity per developer will go up. I agree.

However, the problem is this is a snapshot in time. Not a long enough time period. The execs will get greedy and want to go from 20 to 10 and then 5. After all, their bonuses are on the line. Innovation will suffer, product updates will suffer and at some point, the team will surrender the entire code base to AI. This is a real problem, it's happened to me too when I rely on AI too much for my own projects. AI refactors the code base based on its algo and creates a new code base which works but you don't know what doesn't work because you lost control.

Watch, this is what will happen but the idiot CEO above will be long gone getting fired with a golden parachute.

Chegg is an outdated business model, that is why they are cutting jobs, not because of AI. No one needs to pay them to get homework help. You can just use ChatGPT.

Look at their 5 year stock chart. Down 98.5%. They should shut shop.
HA HA HA HA HA.
Sad that so many people are fooled by these exec charlatans.






texagbeliever
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It isnt AI it is TI. Trained intelligence. It doesnt solve new problems, it simply does repeated ones.

The real future of TI is lower barrier to entry. But big corporations that over rely on "AI" will have a giant mess. What is worse is when the mess starts to unravel the fixing will be a nightmare.
sleepybeagle
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AG
This is the standard time and climate where companies cut the fat at the bottom and do a bit of restructuring. That is - Lay-off (fire) the bottom 5 to 10%.

My rules to live by when working for a corporation:
1) When they hand you a pay-check, you're even-steven. They don't owe you anything, you don't owe them anything.
2) Give them (or make them thing your giving them) two dollars worth of work for a dollars worth of pay. Remember - If you don't make the company any money - why should they employ you?
3) Make sure your job is either a) something that nobody else wants to do b) you're the guy who will be turning off the lights when the factory closes
4) Work like you care and it's your money, but don't care too much - emotion is a killer in a corporation
5) Never say anything bad about anyone. Always be helpful to everyone. Make others jobs easier. Don't be the guy that everyone is afraid to pick up the phone when they call.
6) Network, network, network. It's more who you know, than what you know.
sleepybeagle
MemphisAg1
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AG
texagbeliever said:

It isnt AI it is TI. Trained intelligence. It doesnt solve new problems, it simply does repeated ones.

The real future of TI is lower barrier to entry. But big corporations that over rely on "AI" will have a giant mess. What is worse is when the mess starts to unravel the fixing will be a nightmare.

That's right. AI will have significant benefits for those who use it properly. But I would also bet there's going to be a massive amount of disappointment when some companies realize the juice wasn't worth the squeeze. There's so much speculation capital flooding into the space right now that is due for an eventual reckoning.

We saw it with the dot coms. We saw it with the railroad industry when it was the next big thing. We're starting to see erosion in the electric vehicle and renewable energy markets too. Economics still matter, although it can take years for the rooster to come home to roost.
texagbeliever
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AI and Data centers are the next bubble.
YouBet
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AG
MemphisAg1 said:

texagbeliever said:

It isnt AI it is TI. Trained intelligence. It doesnt solve new problems, it simply does repeated ones.

The real future of TI is lower barrier to entry. But big corporations that over rely on "AI" will have a giant mess. What is worse is when the mess starts to unravel the fixing will be a nightmare.

That's right. AI will have significant benefits for those who use it properly. But I would also bet there's going to be a massive amount of disappointment when some companies realize the juice wasn't worth the squeeze. There's so much speculation capital flooding into the space right now that is due for an eventual reckoning.

We saw it with the dot coms. We saw it with the railroad industry when it was the next big thing. We're starting to see erosion in the electric vehicle and renewable energy markets too. Economics still matter, although it can take years for the rooster to come home to roost.


Sam Altman, of all people, just said a month ago that people were overrating AI and things were a bit overheated.

From that same article, the innovation cycle has already plateaued to some degree.

There are still open questions about how OpenAI is even going to make money on this long-term. Right now, it's a retail user sub model for a chat bot which might work fine, but that's just one more sub I now have to budget for that I may use sparingly and will be easy to cancel like one of my streaming subs. And I'm not paying for one of those until they fix their 50% error rate and may not even then.

It's way more useful in the coding space but that has its own inherent faults as well.
infinity ag
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ha ha even Musk's Tesla cannot create smart enough AI that can avoid police cars.

And AI will take over the world? Geddadaheayyahhhh!




Sleeping Driver Crashes Tesla Into Cop Car, Blames Autopilot Because Of Course
https://www.yahoo.com/news/articles/sleeping-driver-crashes-tesla-cop-143508770.html

Quote:

No Tesla is actually self-driving, even if Tesla calls its fancy cruise control "Autopilot" and its advanced driver-assistance system "Full Self-Driving." If you actually could buy a true self-driving Tesla, the company wouldn't have to stick a human in the driver's seat of its so-called robotaxis. Good luck explaining all of that to Tesla owners, though, since so many have bought into Musk's deceptive claims and seem to think their cars actually can drive themselves. Which is how we ended up with another sleeping driver hitting a cop car and trying to blame Autopilot, the Drive reports.

The crash took place earlier this month, on October 15, in South Barrington, Illinois, when the Tesla driver rear-ended a South Barrington police cruiser. The post doesn't include a photo of the Tesla, but ultimately, it doesn't matter. Whether you drive a brand-new Cybertruck or an original Roadster, you're the driver, and you're responsible for your car while it's on the road. If you crash, it's your fault. If it hits anything, it's your fault. Because no Tesla is actually self-driving. And if you fall asleep behind the wheel and crash into a cop car, you're the one who is going to have to deal with the consequences, not Tesla.
Thankfully, no one was seriously injured in the crash, and the post doesn't mention anyone being taken to the hospital to be evaluated. That said, the entire rear end of the cop's Ford Explorer is clearly destroyed. It's also possible the force from the crash pushed the cruiser into another vehicle or object, since you can see the hood is up.

 
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