Related questions
i just found these two (old) announcements by amazon:
which i think make it clear the layoffs affected more than 1000 people?
well, sorry to be a stickler, but those blogs are from Jan 2023 and March 2023, and this market was created Dec 20, 2023 for layoffs before Feb 2024. I really appreciate the attention and due diligence you're putting into the resolution here, but I don't think this clears it up unless there's some specification on how many of those ~27k were processed between 20/12/23 and 31/1/24. right?
@shankypanky I did not see any new information on this so I am honestly not sure what to do at this point other than wait
@Soli looks like their fiscal year is synced with the calendar year so I did a search for Q1 2024 reports (which is the best you'll get at this point imo) and articles like this one say "hundreds" which I know is not specific but seems to match all of the layoff news of <1000+
admittedly I didn't do a deep dive (this is the approach I would take if I did, though, so that's my recommendation?)
https://www.cnbc.com/2024/04/30/amazon-amzn-q1-earnings-report-2024.html
here's the Q1 2024 report from Amazon
(I'm not at my computer and it's not comfortable to search from the phone but maybe there's something here?)
@shankypanky thank you for sharing - i went very fast over the document and did not find any hints that would help us resolve this market. I will try to dedicate some time over the weekend to resolve.
@Soli I don't have a stake in this market anymore, but I've become aware of WARN notices posted, so it looks like you might have your answer: https://esd.wa.gov/about-employees/WARN
Received date on 1/18 means the employees were notified on that date they were laid off, but Amazon (and many other companies) still pay them for 60 days and allow them to find roles internally, which is why the layoff start date is 2 months later.
@traders i think this suffices to resolve the market as hes, any disagreements?
Edit: false alarm haha wrong date
@Soli lmao sorry for the false alarm, someone posted this in a discord I'm in and didn't look closely enough
@traders Would anyone mind resolving this as N/A so that everyone gets their Mana back? I tried getting input from mods on how I can best resolve this question but they did not really help. I feel uncomfortable leaving everyone waiting when I am not sure how exactly we will get more information on the number of layoffs. It is clear that the number is somewhere between 500-1500 but I have no idea what the exact number is.
I think a resolution is better than N/A because, like, by this method of resolving this market amazon's much more likely to announce a number if they have a large layoff, and they're always laying off some people so there'll never be zero, so it'd almost always either YES or N/A which is unfortunate
@Soli If you feel it's likey the number is out there somewhere or it will be eventually, I don't think anyone minds waiting a while.
@Soli Twitch is owned by Amazon and had 500 layoffs, does that help contribute to resolve yes, or does it have to be parent?
@Soli I'm not sure why people were so worried about long wait times for resolution with 0% loans, but if you absolutely want to resolve early, I think N/A is a very bad option. I think @Gideon37's suggestion of counting only the confirmed layoffs as a lower bound and resolving to a percent would be a better (maybe best) alternative. You could ask traders if they were okay with this.
But again, waiting doesn't really tie up any mana. By now most everyone should've gotten nearly all their mana back in loans.
@traders we have been waiting for almost 5 months at this point. i personally wasn't able to find any new information that would help us resolve this market. did anyone see/find something? should we continue waiting or resolve this market based on what we have?