layoffs at Amazon

It's just business and nothing new. It's been this way for 100s of years, with every company that has ever existed. As for job loss, if I have said it once I have said it a million times: Never, ever rely on a paycheck. Never, ever see a job as a guarantee. Be prepared for potential job loss. Have an emergency fund in place with 6 months worth of income stashed away in it. Save. Invest. Generate multiple sources of income so that when one source fails another one picks things up. If job loss deeply affects someone, or causes emotional, financial or mental stress, it's the employee's fault. Not the company's. The purpose of a business is not to employ people. It is to make a profit for its shareholders. Employment is simply a byproduct of success and profitability, and there comes a time when it only makes sense to employ a certain amount of people. Cutting jobs actually saves jobs, because if a business employs people it does not need, eventually profits will falter, and if profits falter, the whole business may go under meaning EVERYONE loses their job. Businesses make decisions that are conducive to the health of their business. Employees should do the same with regard to their financial lives.

I always associate Amazon with needing more and more employees, but nope. I feel badly for them too.