Topic: Amazon Layoff and Job security in this hard economy - page 2. (Read 568 times)

This is why one need to be his/her own boss cause  looking at the economy situations of the country it'll be difficult for the one struggling with just this job to survive, things like this happen and they lay off almost every staff and recruit the ones through their own means, that is connection. It's so disheartening that situations like this occur and it's due to bad leadership from any sector that it may arise and I think it's not fair enough to balance up with the economy crisis, so it's time one need to focus on improving themselves.

But for how long will you remain indispensable, it will only take some time before someone or a machine is able to do the job you do for the company, and your position becomes threatened.
Understanding and knowing that there is every possibility to be laid of work should make you not want to avoid the corporate environment of work but make you want to plan better with every income you earn from working there knowing that It is not permanent and the earlier you are able to set up yourself individually either as a business person or increase the opportunity you have, the better for you. You should never be relaxed when you are working for someone because you do not own the company and it is not a government job where there is more job assurance.

You are absolutely right that everything can be achieved with business.  But this job is good and beneficial for people who can't put interest and mind in business and who don't want to be owner.Actually no one knows what is profit in business because there is loss in it and people say there is no loss in job no money investment.Once you understand marketing and have a business mind, you will become rich.But in today's era most of the focus is on business but online.  Because those who don't have much money are doing business in the online market instead of the outside market in which they have a lot of profit.

Layoffs are a part of life, it’s always a possibility if you work for a private company. In some ways this is why lots of people like to work for the government because of the job security, sick pay etc. Working for yourself & being your own boss is the ultimate win because you can only really rely on yourself to do the best for you.

Sincerely, I have long drawn my conclusions about corporate work due to similar  reasons like you mentioned and that's why I belong to the class of persons who support earning from multiple sources of income.

The truth is that there would be more layoffs because many a times, the workers are either lazy and want the company to carter for almost their every day need and when that doesn't happen, they tend to reduce their output, thus making the company environment stale. When that isn't the case, another consideration may be that the employee isn't suited for an office environment or that kind of work to be specific.

It is true that currently the development of the era is increasingly rapid, competition cannot be avoided at least by mastering many skills that can help our economy in the future, because in that way we can survive, by learning new things it is very necessary for now.

Lay off isn't a new problem especially since COVID many companies laid off their employees and this is going to continue even in the future for many reasons, the development of AI replaced the actual human for most jobs so why would they want to pay huge salary, offer benefits when they fulfill the same job by automation and less expense with no management.

Another reason is these companies recruited more than they need when people were willing to work for any salary in 2020 due to pandemic and once they found that they have more work force than they need is now backfiring at the people again.

Only way of survival isnto make yourself irreplaceable by gaining skills and knowledge, once you prove yourself you bring more profits than your salary then company won't have any reason to fire you.

It depends on what business you start during the recession. The food business always works, especially cheap fast food. Meal delivery service also works extremely well. During the Covid pandemic, local malls were full of people who were buying clothes. It's not like people are poor and don't have money, the reality is quite the opposite. Many people cry that they don't have money but that's very different from reality. I am a UI/UX designer, who recently designed a website for a fitness company, that only focuses on rich, premium clients. Believe it or not, they are getting new customers every day despite the fact that they are extremely expensive.

My country is like that too but faring is not profitable here because people are very lazy and it's very hard to find a workforce. Tractor owners charge you so high prices that it looks like they want to become rich tomorrow. Also, a modern girl won't marry to you if you work in farming or similar job. Everything is messed up.

Yes ,you are right. Job security is very important for the small family people because they want peace in their life and they are happy with their limited resources and they they did not work to produce other resources. Resources are everything in life because because people judge us by our resources and our our status . If someone lose his job , his family will be on road and that will be dangerous situation for him . Amazon is good option in the market and we can earn good income by working as Amazon mutual assistant because mutual assistant is needed  by every business owner.Amazon business owner have good plan and good business owners know how to runs business and possibility lose of job is very less.

What is really disappointing in this situation is the ability of many companies to lay off employees all of a sudden. These workers do not have contracts that grant them rights. I think it should be allowed that they sign contracts where there is a timeframe of when can their contracts end otherwise they will not be able to look for other options before they lose their job.
Losing one job, especially if that is the only source of income you have, can be utterly devastating. It will put a lot of distress on to someone especially if they are the provider of the family. We all deserve a better work environment than the current ones we have where it does not seem to have any remorse for their employees.

It is difficult to know about all of this layoff activity. Especially coming from a company like Amazon, this clearly highlights the unpredictability of the tech industry. Even those in leadership roles I think you're spot on about being important. Job security during times like these depends on adapting and continually improving your skills. If you can demonstrate that you are an important part of the company's success. It is very difficult to replace you.

At the same time, returning to work hard in the office may cause many people to suffer. People are definitely confused. Many users are familiar with remote or hybrid settings changes. It makes this change feel like a step back. It's not just about performance. but also about how people value work-life balance and their mental health. To me, as for answering your question, being laid off did not make me avoid corporate work. But it sure made me pay attention. It reinforces how important it is to not lose that enthusiasm and to find how to future proof your career. Whether that be through acquiring new skills, funding or even taking on side projects.


I understand the sadness and frustration of a layoff. Especially when people give so much to the company. No matter how hard you work You are still just a number for these companies. And that uncertainty is hard to deal with, and suddenly, without any real warning or resolution, it's disastrous for a lot of people. That's why I think that most people turn to contracting or freelancing there's a degree of control over your work and your finances that you simply can't achieve when you're working for somebody else. Of course, it's not easy. But for some people The risk of having not to live in fear of being fired is worth it.

The current economic downturn makes the loss of a job feel like an overwhelming experience. Even if sometimes it seems hopeless, I agree with the fact that this may cause mental health problems. And it is very important that companies They should provide maximum cooperation to their employees while going through a tough time like this. It must be a significant shock when you get laid off. Especially when you are not prepared neither in terms of your financial status nor emotional status. At the same time, I think it's important to be able to create a level of self-sufficiency. Whether it's creating new skills, starting a side business, or just having some form of emergency funds? We can't always control big corporate decisions. But we can try to position ourselves to bounce back as much as possible.

Seen this I was very sad because sacking people is something that is very common with most of this companies they can send you off any time they want they don't even consider how you feel, some don't even give pre warning so that they will be able to actually prepare towards. And a lot of people have worked their house up just to keep the business in line, just for them to be sent away.  And that is why some set of people don't really love to work for any company just because they don't want to find their self in any situation. And if anyone can just trust their own idea instead of trust to work for this folks you will be on your own, losing a job in this economy can actually make you lose you mind, might even led them to commit sucide that is how worse it can be, thoughts of what you want to feed on and many more.

There is no need to be perfectionist on this case. Upskilling and learning new skill isn't like that. But it's true that this isn't applicable to everybody but in terms of survival skills, our natural instinct will push everyone to learn something new when they have to do it asap. We should work on our own because these companies won't worry about losing the best and the brightest when they can see that talent as well with other potential candidate especially those top companies that are part of FAANG and S&P500.

Yes, I do plan to avoid more corporate work. A huge part of my current job history was spent working for large companies, they tend to waste too much time with meetings, and hire over qualified people for generally easy, boring jobs. There were many great moments and good people, but returning is not happening asap.

What is important for any worker out there is for them to improve on their own hard skills. Organizations do not necessarily require exceptional workers all through but most will prefer to have an averagely performing workforce, one with an excellent leadership and management skills. Maybe, robots will perform exceptionally well across all boards, since they can be programmed to have the skills of offering high skilled jobs than humans, however, I know there will be constraints especially when it has do with emotional intelligence which may be an ingredient tailored towards strategically delivering the company tasks.

Amazon has never been great to work for, they were good not great pay and worked you hard.
Forcing people into RTO is a good way to make people quit. If they quit, you don't have to pay for unemployment benefits as if you had fired / laid them off. So you get to cut staff that way.

Then you have the fact that they own a lot (not rent) a lot of office space that they have been unable to offload since a lot more businesses are going more and more work from home so more and more office space is becoming available.

As an example:
8 years ago buy building: https://libn.com/2016/10/25/capital-one-buys-first-datas-melville-building/
This summer most people are working from home, don't need it: https://www.newsday.com/business/capital-one-bank-melville-tmfru4py

Can find a lot of those.

Can't speak to the rest of the world, but the jobs market in the US is doing fine.

https://www.reuters.com/markets/us/us-job-openings-rebound-august-hiring-soft-2024-10-01/
https://www.bls.gov/news.release/pdf/empsit.pdf

Hiring is slowing a bit, but everyone I know who has been looking for a job has found one. Heck, there were recruiters from large firms at my neighbors kids college graduation ceremony.

Anyway, unless you are in a union you don't have any job security.
From a movie 30 years ago: https://www.youtube.com/watch?v=tX_V6D4FT9o

Has not changed.

-Dave

There's no such thing as "job security". We don't live in the twentieth century, where most "blue collar" workers could work for 30-40 years in the same factory and retire. The modern day employees could easily switch from one job to another. This kinda sucks, but the modern day economy is more flexible and less secure. I work at home as a freelancer, so I couldn't care less about corporate layoffs and some imaginary "job security". The employer will keep you as long as his profit from your work is bigger than the costs of your salary. That's how capitalism works, whether you like it or not.

Just as usual, most people would recommend upskilling. And honestly, I don't think I can recommend anything better than that. Maybe socializing as well but there's a limit since that would take time in the first place before you can actually see the effects. It's not that easy to get into the social circles of big wigs after all. I've also never really avoided corpo work, if I get hired and paid handsomely I'd take it, if not then just keep looking while free lancing.

Still I think there's still a lot of companies hiring? Not at the level of amazon ofc, but if you look a level lower I reckon if you were skilled enough to get into Amazon you can get a job then and there. Granted lower pay yeah, but I'd much rather have a job while looking for one than noe one have at all.

The news is quite shocking for me, however, It needs to be put into perspective that they are also streamlining their structure for faster and leaner layers. This isn't all about job cuts but making the company lean and more innovative during the slowdown of the economy. Layoffs remain alarming, but Amazon remains very much invested in long-term growth and customer satisfaction, as reflected by its strong position in strategic areas such as AWS and Customer Experiences.

In this case, the news to return to work in the office might be upsetting to some employees, and 70 percent claiming that they would consider leaving is not an insignificant amount. But Andy Jassy believes this is necessary in building collaboration and company culture. Of course, it's tough because it balances employee experience with business needs, and at a time of uncertainty, companies often lean toward what will drive efficiency and long-term results. Undeniably much more challenging for job security, and still true, that companies, Amazon included, will hang onto employees who continually add value and adapt. This is about being proactive through hard times, which might open new opportunities to people that are willing to evolve with the business.

Regardless of the percentage of workers a company wants to layoff, no company wants to do away with staffs that are strong asset to them. Normally, when laying off workers, it's usually the ones that are easily replaceable that are layed off while the  well experienced one are always allowed to stay and even if for some reasons well experienced workers are to be played off, it's not always deficult to get another job as long as you're highly skilled at what you do. There's not a thing as 100% job security in any industry except you own the business.  the only way to ensure that the likelihood of being part of those that would be layed off is reduced is to increase your value and upgrade your portfolio constantly while still working under the company.

The effect of the bad economy the world is facing is affecting companies in different forms and alot of them are looking out for means to cut down cost. Setting out a plan B wouldn't be a bad idea because in this competitive tech industry, if you're an average skilled person, your job security is never guaranteed.

Avoiding corporate works is only a thing when you have options of getting another job so easily. We are living in times when most workers don't have much choice with the decision of doing iether corporate job or private jobs. If what you can lay hold of is any of the two, you just have to work with them with the reality that you're definitely not working for that firm forever.