Amazon Plans Largest-Ever Layoffs

Khosla Ventures Founder Vinod Khosla joins Caroline Hyde and Ed Ludlow to discuss the latest tech layoff news with Amazon planning to cut about 10,000 jobs. Plus, his views on the state of tech climate funding, US-China tensions, and what tech trends to watch.
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[@saphire7693]

If ppl are spending more shudnt more jobs be created to keep up with the demand

[@shao2307]

Nanomachines son. But honestly robots can do more now. E.g the demand for agriculture is higher than ever but it's all run by machines now.

[@thewettee9499]

100 million to Dolly Parton but let’s lay 11,000 off of work

[@Raknidm]

Exactly 💯!!!! Tax write off, try to help your image right before your corporation lays off thousands of mistreated and under paid employees 👏 Dr. Evil doing what he do.

[@hollydicesare3633]

I didn't get that either.

[@cnsmiles]

Set a permanent floor of 4% prime rates and we won’t have to go through this.

[@arandomguy46]

we are now seeing the cracks in the job market indicating a recession based on historical trends

[@SpyderBlackOfficial]

Um no. These are tech layoffs. Not distribution centers or delivery. Most techs are here on work visas from overseas.

[@chancelewis6674]

@@SpyderBlackOfficial why would you cut more important jobs!?

[@DJ-ws6je]

This man is the real OG. He said so many wise words in short sentences. Like a fortune teller.

[@chinmiyi390]

They will rehire people with lower wage.

[@goodmusic210]

Potentially. Wage inflation is in tech is ridiculous currently

[@WiseOwl_1408]

More!

[@littlebrit]

These people in large companies are assigned to do just one task. They will not go to create a business with such skills, but they could find another job because their resume will look good. If you work in a small company - you wear many hats. it is very easy for you to start your own company then.

[@tyronebrown5766]

I'm glad I didn't take a job at Amazon 😅 I'd be jobless.

[@beinghonest9433]

only tech jobs are being lay off most are foreigners in other countries

[@rajuncajun2818]

I don't get it. Everyone uses amazon now so how bad can they be doing?

[@leolee6045]

Amazon has many divisions, this layoff is more about cutting the divisions that don’t make money

[@alostbard]

@@ssddkar3577 Yep

[@yivunqp963]

They are just making use of this recession for job cuts

[@adem-Savs]

@@ssddkar3577 Nope. Walmart is a regional seller. Amazon is international Company. You guys in the US need to look beyond your own shoreline.

[@suchender801]

@@adem-Savs But it makes most money in USA and Walmart breaking it's monopoly will sure hurt it. Anyway, Amazon earns most fro AWS, not retail.

[@ryannoble4789]

I've actively gone out of my way to not shop at amazon, if you can do it, its better for the high st and environment.

[@goodmusic210]

Same

[@KG-VanityInKnickers]

I haven't had disposable income to purchase from Amazon for the last 18 months. My money goes for necessities because that's all I have money for. Looks like there will be 10k more people in the same predicament.

[@duranopaulo]

The economy is strong as hell - Biden

[@commonsenseisntcommon1776]

But all those commercials where Amazon is bragging about training employee for better paying jobs.....................LOL!!!

[@cybersid]

The world has enough to fulfill everyone's need but not everyone's greed.

[@saphire7693]

Affordability is a sin. We.shudnt have done it. It's all our fault.

[@basedmushroom]

This is what happens when you complain about your job and protest to unionize. Trust me, Jeff is doing the layoffs to make way for robots and AI.

[@KiamKweli]

Clearly you haven't worked at an Amazon. This was gonna happen regardless of unionization. The robots aren't free to create nor maintain. Trust me I've fixed various types. See the Telsa robot fail that they just unveiled.

[@DolphinsAreBetterThanHumans]

Lol thats what you get out of the story. I pity you.🤦🏽‍♂️ You 100% sound like an american.

[@basedmushroom]

I agree with you, I’m just saying this is happening. But trying to unionize only sped up the process. Right, get back to me in 2 years and tell me how the bot is then. Stop being a loser, Tesla is doing amazing regardless of losers like you who just criticize because you have nothing going on in your own life.

[@DolphinsAreBetterThanHumans]

@@basedmushroom lol elon ride or die fanboyism/d*ck riding mentality that is destroying the world. Trying to say i'm a bot loser just cause you don't have a good point is funny. Elon did not invent Tesla. He bought out the founders & labelled himself very selfishly as the Sole Inventor. He's hyperloop is a goddamn joke. Dont trust me then please watch several reputed youtubers like Wendover,adam something, brit monkey, penguinz0, hasanabi etc. This tech billionaire boot licking is never good for the world. Why dont gullible people do it for bezoz,zuck,gates ? You know why cause they are bad at creating this type of stan culture where anything you do is a "Genius" thing. His underground tesla only highway system is such a disaster that it was aborted after making that vegas one lol. You say tesla is doing well. Let me tell you sir that this guy has literally been acting like 14 year edgy teen & tweeting stupid things that destroy stocks of tesla. He has never been a Good Boss. He' just made a Stan culture where he's supposed to be a tech saviour of people when in fact it is the opposite. He has fired employees for not having the same opinion or mindset. Example- he just fired an twitter android developer who he chatted publically instead of private & when the developer respectfully disagreed with elon's tech gibberish he tweeted out. Elon fired him through tweet.funny thing is. That developer's tweet got way more likes than elon's & was correct about the problem. KZbin comment section is not long enough to explain. So here are the reputed & expert sources - kzbin.info/www/bejne/pmmxmoCVpZ2ha6M - kzbin.info/www/bejne/a5ariImgiqaoobc - kzbin.info/www/bejne/a4DXfHibqaysaLs - kzbin.info/www/bejne/apbUoKKLfph4nLs

[@DolphinsAreBetterThanHumans]

@@basedmushroom Lol you really stalk others & find out things you want to bash them for. I expect nothing from fanboys. Still here I am providing my reliable unbiased independent sources. If you have even ounce of integrity & critical,logical thinking then you would understand why he is not even a Good person. Tom nicholas - elon musk fake futurism m.kzbin.info/www/bejne/a4DXfHibqaysaLs Tom nicholas - elon musk wont save free speech kzbin.info/www/bejne/bWrThGiFjbCHobc Adam something - tesla semi truck kzbin.info/www/bejne/rZDCkmt7mLJloKs Elon Musk's Dugout Loop - The Disaster That Almost Happened kzbin.info/www/bejne/iGe1kqJ9fb92aaM Adam something - he fixed traffic kzbin.info/www/bejne/pmmxmoCVpZ2ha6M Elon Musk's Starship Earth to Earth: We Have Reached Peak Idiocy kzbin.info/www/bejne/oIK4mnyap8pgg6s Elon Musk's Loop is a Bizarrely Stupid Idea kzbin.info/www/bejne/d3S7knmvd8RgbtU Why a Mars Colony is a Stupid and Dangerous Idea kzbin.info/www/bejne/i2q8laGwhMtnhLM What #Elongate Is Really About kzbin.info/www/bejne/eXmYZoqmf915Z9U The HYPERLOOP Will Never Work, And Here's Why - Adam something kzbin.info/www/bejne/eYKtmHmelMpjZ8k Also the funniest thing is The edgy idiot spent the biggest deal of $44B & lost it cause he doesnt know how to run a successful business. Still his stans will say that thi was his plan all along.

[@AadarshChoudhary15]

Amazon

[@goosegander3747]

Blame the youth who voted democrat.

[@alostbard]

Please continue criticizing the one voting sector you need to gain to keep surviving...

[@oOignignoktOo1]

Der Ewige Zoomer.

[@IMPULSOESTATICO]

Ok boomer.

[@chancelewis6674]

@@alostbard Nah starvation will sort those idiots.

[@lisageorge4599]

I blame greedy dumb boomers like you.

[@lenastropestrope1335]

We might not have a job, food or heat but we can still get an abortion. So it's all good

[@chancelewis6674]

Maybe the true abortion was the friends we made along the journey.

[@marcduchamp5512]

Priority is all f-ed up in this country

[@bengodoy7914]

Grab your popcorn... it's begun

[@alostbard]

This would be like the 200th time 'it's begun'... I just can't eat anymore popcorn.

[@SpyderBlackOfficial]

@@alostbard 😂

[@chancelewis6674]

@@alostbard And everytime it gets worse and hellishly Shit.

[@a0um]

Shouldn’t a blockchain be the backbone of the public sector?!? We are forced to pay taxes, they should be forced to trasparency and accountability (saving for issues of National Security). Perhaps starting with pilot projects at the town/city level, I want it to be easy to answer the questions: how is money spent? Based on which rule (or shall we say smart contract)? Who is responsible? How much are public employees paid?

[@raytewell7067]

Good timing. Holidays coming up. I'm quiting you n will never use you again.

[@xxXAsuraXxx]

People were craving for super high pay. Now it’s time to pay for karma

[@edwardfessenden9490]

Or just decent pay from massive corporations making tons of money

[@sweetsounds9674]

If you consider how much damage this company has done to the Mom&Pop businesses across the country, this is nothing, yet well deserved.

[@Jay-pf2cn]

You make no sense. The workers didn’t create Amazon.

[@lollerskates1992]

Amazon's not paying the price so much as their employees. This won't stop Amazon just hurt the poorest people that get their income from Amazon and are the soonest to get cut.

[@HarshvardhanKanthode]

What you’re blaming is Capitalism, not the company

[@SpyderBlackOfficial]

Most mom & pop store owners get old and leave the business. That or health.

[@sweetsounds9674]

@@SpyderBlackOfficial Actually they leave it to the next generation to carry on.

[@TomLax]

Keep voting for Democrats!

[@beinghonest9433]

democrat is capitalism ?

[@marcduchamp5512]

@@beinghonest9433 Democrats was hijacked by the super rich as front to launder tax money and implement their NWO babkster agendas such as the climate change system and personal surveillance using AI

[@pallabidutta968]

The social media era is an era of keeping up appearances. Sooner or later, it was bound to happen.

[@richcampus]

0:20 "...the Era of Exuberance......allowed people to be sloppy about expense control......"

[@southerncali88]

This should be a major red flag, one of the worlds largest retailers laying off 10k people during the busiest shopping season for the year. Forget the recession we’ve been in, we’re headed for much worse.

[@marcvslicinivscrassvs7536]

They're tech and office jobs (such as Hr). Computing is so advanced that programmers have programs that write programs. HR software allows one person to easily do the job that 10 people had to do before. Warehouse jobs will remain plentiful, albeit low paid.

[@theofficialcybermonkeys1271]

@@marcvslicinivscrassvs7536 I thought warehouses will go slowly as well with all these robots launching next year and automation in general ? I know people will have to maintain them and build them but 🤔 I thought we were trying to go the smart warehouse route like China is going with like 99 percent robot staff!!!

[@marcvslicinivscrassvs7536]

@@theofficialcybermonkeys1271 Robotics aren't that advanced yet. What is really the best path are careers programing and fixing robots and other machinery.

[@chevyhp]

Biden/Harris are CORRUPT traitors to America stealing our democracy & money to fund Putin's war they will go down in history as the worst presidents of all time. AMERICA 1ST FJB

[@SpyderBlackOfficial]

@@marcvslicinivscrassvs7536 That's correct. Most of the news isn't giving accurate information and scaring people.

[@rgsclassicmusiccafe]

The real factor behind Tech companies is Fall down of Coin base supporting companies now they are forced to cut cost..😄

[@MikeSmith-or4il]

Makes me want to cry my eyes out...not really.

[@gaarn2672]

This was coming.......way too many Indian workers in usa with fake experience ...mein khud pareshaan ho gaya tha ..quantity hai quality nahi..hire karna bhi bhaari kaam hai

[@Dunring]

We should start a gofundme page so Bezos can at least keep the staff on the yacht that takes him to his bigger megayacht which takes him to his spaceship launch pad. The holidays are coming, lets all chip in to help.

[@luisarden1944]

Because Safari Star definitely aim to help you build and grow your business with solid credibility along with our professional team available to assist you wherever you are in the world.

[@praveenspike]

When mass layoffs starts it is significant that the economy is currently in a recession. How long or depth of it is going to be that no one knows, all we can do is be speculative.

[@kareer4genz]

return to office reduces job ,less demand due to low consumer index,high interest rates and external threats leads to job cuts.

[@dancovrboski9135]

Amazon celo vreme. Amazon kako davi odgovor am ko neznam kako ko jasym od dryk svet prowtavatemi

[@abcatos]

Stagflation

[@zebunker]

Two golden spoon guys talk about layoffs. NEXT

[@alostbard]

This Amazon butt-kicking has been brought to you by Walmart+

[@sayilu]

I’m a bit wavy when he says the money needs to be in there for 20 more years.

[@fakeasfuck1534]

The amount of BS the came out of this man.

[@marcduchamp5512]

Talking sheites and get paid millions chump change