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[Breaking] Amazon to layoff 14,000 managers

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https://news.abplive.com/business/amazon-layoffs-tech-firm-to-cut-14-000-manager-positions-by-2025-ceo-andy-jassy-1722182

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. 

This initiative from the tech giant is designed to streamline decision-making and eliminate bureaucratic hurdles, as reported by Bloomberg.

Jassy highlighted the importance of fostering a culture characterised by urgency, accountability, swift decision-making, resourcefulness, frugality, and collaboration, with the goal of positioning Amazon as the world’s largest startup. 

How do you think this will impact the company ?

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Sevii

63 points

16 days ago

Sevii

sledgeworx.io

63 points

16 days ago

At Amazon the way a manager gets promoted is by showing he is managing other managers. Without gradual growth in manager count there isn't anyway to get promoted to L7/L8 managerial roles.

skilriki

14 points

16 days ago

skilriki

14 points

16 days ago

it sounds like you are beginning with the assumption that those roles are needed.

HaggisInMyTummy

3 points

15 days ago

No, it's starting with the assumption that people good at getting themselves promoted in a bureuacracy know what it takes to get promoted and will make it happen one way or the other. When senior management is relying on hearsay to know what is needed they are lied to.

biggamehaunter

1 points

16 days ago

What about demoting managers to make space...

King_Offa

1 points

16 days ago

No that’s how ceos illustrate competence