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submitted 3 years ago by L4s@lemmy.world [M, B] to c/technology@lemmy.world

Leaked messages show Amazon will force a 'voluntary resignation' on employees failing to relocate near their team 'hubs'::undefined

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[–] statues_lasers@lemmy.world 1 point 3 years ago* (2 children)

Downsizing is good for investors since it reduces costs making your quarterly results look sexier.

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[–] ipkpjersi@lemmy.one 1 point 3 years ago

Downsizing can look scary to investors though, like the company isn't doing well.

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[–] Arbiter@lemmy.world 1 point 3 years ago

Yes and no. They have to cut expenditures but make it look like it’s not because they’re not making enough profit.

A company with high profits good, but a company laying off employees to get high profits must be in trouble.

It’s a stupid dance between VC and CEOs.

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