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.
My favorite part of working at a call center was watching this happen. A c-suite member would ask why we weren’t doing X, middle management would scramble to make it happen instead of saying there’s a good reason for it, then the c-suite member would show back up 6 months later asking why the hell they were doing something stupid.