Today’s NYT article about the Amazon “job cuts” phrases it differently than the previously linked gurufocus.com article, as quoted below. Following the news story release, Amazon stock jumped up by 2.5%. In contrast Microsoft, Apple, Google, Meta, the S&P 500, … did not have a notable increase today.
“Executives told Amazon’s board last year that they hoped robotic automation would allow the company to continue to avoid adding to its U.S. work force in the coming years, even though they expect to sell twice as many products by 2033. That would translate to more than 600,000 people whom Amazon didn’t need to hire.”
Stable employee count without hiring employees to match increasing sales seems to be consistent with Amazon’s hiring patterning in recent years. After decades of expansion, employee count seems stable at ~1.5M.
Sounds like the fact that our younger generation isn’t procreating like the folks who produced the boomer generation is actually a good thing, since there won’t be many jobs in the future.
I am more skeptical. With all previous major industrial or technological shifts in USA, I am not aware of any that led to a large decline in available jobs, including looking specifically at entry level jobs. What they do often lead to is a displacement in jobs with some industries seeing a decline, some industries seeing an increase, and some new industries and types of jobs being created that did not previously exist. Compared to the working population as a whole, young persons are often especially adept at adjusting to the changing dynamic, including shifting or transitioning to new or growing employment fields.
We’ve seen this dynamic in recent years with changes in major distribution, including a dramatic increase in majors that are perceived to be related to developing and/or interacting with AI, and a dramatic decrease in humanities majors. We also haven’t seen dramatic changes in overall employment rates so far. As of latest stats I saw from mid 2025, unemployment rates for young persons as a whole are a bit lower than historical averages.
One can certainly find anecdotes about specific companies, such as the earlier stories about Amazon. Amazon may choose to continue to keep employee count stable and not hire 600k persons over next 8 years, or Amazon may lay off 1,500 human resources workers, which is 0.1% of Amazon’s 1.5 million employees. However, Amazon is also hiring in other positions. For example, Amazon recently mentioned they plan to hire 250,000 employees for the coming Christmas rush. Amazon’s website also lists thousands of open long-term positions in other fields, with the largest number of available jobs in software development and operations/support engineering. Skimming through some of these positions, many seem available to newer grads with a tech degree. I am not aware of plans for the total employee count to go down. Instead it sounds like some employment groups within Amazon will decrease in size, and others will increase in size. There are also countless companies that are hiring and will hire in future besides just Amazon, including many companies that do not currently exist.
I see. I was kidding. But u don’t know what is real or not today. Maybe it’s a scam found out and taken down. U can’t trust any job approach like this is my point.
