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this post was submitted on 30 Sep 2024
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Yeah this attrition is expected by Amazon. IBM and others did this earlier. If enough people choose to RTO they will do “real” layoffs and get a pat on the back in the news for not letting as many people go as they would have had to before. Optics I guess. IIRC this is the second round for Amazon.
Some are saying companies are doing this to keep their property values up but I think that’s only one facet. What I don’t see being called out often is companies doing this are hiring replacements overseas in tax havens and/or where they can pay less for talent. Real kicker is, those hires wind up being remote anyway to the anchor offices.