‘Go Woke, Go Broke’ Effect? Amazon Slashes Workforce With Most Job Cuts in Company History
Liberal retail juggernaut Amazon slashed its workforce by 6 percent in the second quarter despite experiencing higher sales for the three-month period ended June 30. The loss of 100,000 employees marks Amazon’s biggest…
Liberal retail juggernaut 📦Amazon slashed its workforce by 6 percent in the second quarter despite experiencing higher sales for the three-month period ended June 30.
The loss of 100,000 employees marks Amazon’s biggest quarterly job cut in its 28-year history, Barron’s reported on Friday.
The workforce cut came despite the fact that second-quarter sales climbed 7 percent from the same period a year ago, according to 📦Amazon’s earnings statement.
The e-commerce titan now joins a growing chorus of liberal tech giants that have reduced their workforces amid the historic inflation festering under President 👤Joe Biden.
) all have been “trimming staff in response to a more difficult economic environment,” Barron’s reported.
Before this quarter, 📦Amazon was a “job-creation machine,” the financial outlet said.
Despite its loss of 100,000 workers, 📦Amazon continues to pour money into toxic “woke” projects that alienate many customers.
In its second-quarter earnings statement, Jeff Bezos’ mega-corporation bragged that it had signed a deal with former President Barack Obama to create a slate of Audible shows to “elevate diverse voices.”
📦Amazon also boasted that it had funded 95 employee events around the world celebrating LGBT “pride” month in June.
Similarly, the company crowed that it had launched a “comprehensive inclusive learning campaign for 📦Amazon employees worldwide, featuring diversity, equity, and inclusion resources, programs and events, and interactive learning experiences” to celebrate Juneteeth.
The left-wing behemoth also said it made “additional investments in affordable housing projects” through the 📦Amazon Housing Equity Fund’s $2 billion commitment.
The fund recently invested “$30 million to create and preserve 705 affordable homes in Nashville, Tennessee, and in Seattle” benefiting minorities.
Numerous Twitter commenters said 📦Amazon’s historic job cuts presage a forthcoming recession.
Economist Steve Hanke, a professor at the Johns Hopkins University, blamed Biden for the mounting economic instability rocking the nation.
“📦Amazon fired more than 100,000 employees in Q1 ALONE,” Hanke tweeted on Monday. “Fearing a dramatic economic slowdown, the tech giant made its LARGEST single-quarter workforce cut in its history.
“Looks like the Great Biden 📉Recession has finally made.”
📦Amazon’s promotion of toxic woke politics has been building up for years and is now at its apex.
Human Events senior editor Jack Posobiec tweeted, “Apparently 📦Amazon will now pay $4,000 for women to have an abortion. Do the women get a $4,000 bonus for keeping their children?”
“It’s not pro-choice, it’s pro-abortion,” he added.
📦Amazon will continue to make money because it’s a quasi-monopoly, but its latest troubles suggest it’s not invincible.
In a difficult economic climate such as the one we’re in, prioritizing forced “diversity” and inane identity politics over profits and self-preservation is foolish and destructive.
