Reply to post: Dump & swap

Amazon reportedly considers laying off 10k employees

Kevin McMurtrie Silver badge

Dump & swap

From what I see, the layoffs for self-driving cars, Twits, and Metaverse are real. Everything else is purging highly paid staff to make room for cheap and desperate hires. Layoffs in Q4, sell on brief stock surge, hire back for cheap next year.

The flaw in this plan is that companies are rushing it and making too many mistakes.

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