this post was submitted on 05 Oct 2024
334 points (98.5% liked)

Technology

59627 readers
3778 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Amazon Layoffs: Amazon is reportedly planning to reduce 14,000 managerial positions by early next year in a bid to save $3 billion annually, according to a Morgan Stanley report. This initiative is part of CEO Andy Jassy's strategy to boost operational efficiency by increasing the ratio of individual contributors to managers by at least 15 per cent by March 2025.

you are viewing a single comment's thread
view the rest of the comments
[–] Baguette@lemm.ee 49 points 1 month ago (2 children)

In their memo announcing 5 days RTO they also said they'll be increasing contributor to manager ratio. Guess they meant that by firing a bunch of managers

[–] The_v@lemmy.world 60 points 1 month ago

Firing middle managers is a fun way to kill the company. Not that cleaning house is a bad idea. Unfortunately the people making decisions of who to keep and who to let go are usually idiots.

Middle Managers are promoted for two reasons: technical expertise and ass-kissing expertise. Now the technical experts tend to not mix well with incompetent parasitic c-suite types idiots. The ass-kissers are beloved by the c-suite as that is their only role in life.

So when firings come around guess who they get rid of? Then 1-3 years later everyone is shocked when everything starts to fall apart.

[–] ByteOnBikes@slrpnk.net 2 points 1 month ago

It worked to bring balance to The Force.