Getbig.com: American Bodybuilding, Fitness and Figure
Getbig Main Boards => Gossip & Opinions => Topic started by: Palumboism on November 13, 2018, 08:32:57 PM
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(Bloomberg) -- Amazon.com Inc. has selected New York City and Northern Virginia as the company’s second and third headquarters, the Wall Street Journal reported Monday.
An announcement could come as soon as Tuesday, the newspaper reported, citing unidentified people familiar with the plan. Other cities may get major sites from the company, the newspaper said.
Associated Press reported similar details Tuesday, also citing an unnamed individual.
Bloomberg News reported last week that the company is close to agreements that would split the new headquarters between the Crystal City area of Arlington, in Northern Virginia and Long Island City, in the New York borough of Queens.
A decision would end a yearlong search by the e-commerce giant for supplementary headquarters to its existing base in Seattle. Cities across the U.S. have spent months jockeying for a $5 billion investment that promises 50,000 high-paying jobs.
Since Amazon pared the list to 20 cities in January, speculation has been rampant, with lists handicapping supposed front-runners. Amazon had a broad list of criteria, including a population of 1 million, proximity to a major airport and a strong university system, without clearly identifying which factors were most important.
https://finance.yahoo.com/news/amazon-chooses-york-northern-virginia-024430254.html (https://finance.yahoo.com/news/amazon-chooses-york-northern-virginia-024430254.html)
I don't think they will have any problem attracting young hipster techies to these locations. It sounds like each of these location will be getting 25,000 jobs and over two billion in investment.
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Allentown pa offered 4.6 billion in incentives, but it wasn't enough.
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(Bloomberg) -- Amazon.com Inc. has selected New York City and Northern Virginia as the company’s second and third headquarters, the Wall Street Journal reported Monday.
An announcement could come as soon as Tuesday, the newspaper reported, citing unidentified people familiar with the plan. Other cities may get major sites from the company, the newspaper said.
Associated Press reported similar details Tuesday, also citing an unnamed individual.
Bloomberg News reported last week that the company is close to agreements that would split the new headquarters between the Crystal City area of Arlington, in Northern Virginia and Long Island City, in the New York borough of Queens.
A decision would end a yearlong search by the e-commerce giant for supplementary headquarters to its existing base in Seattle. Cities across the U.S. have spent months jockeying for a $5 billion investment that promises 50,000 high-paying jobs.
Since Amazon pared the list to 20 cities in January, speculation has been rampant, with lists handicapping supposed front-runners. Amazon had a broad list of criteria, including a population of 1 million, proximity to a major airport and a strong university system, without clearly identifying which factors were most important.
https://finance.yahoo.com/news/amazon-chooses-york-northern-virginia-024430254.html (https://finance.yahoo.com/news/amazon-chooses-york-northern-virginia-024430254.html)
I don't think they will have any problem attracting young hipster techies to these locations. It sounds like each of these location will be getting 25,000 jobs and over two billion in investment.
F uck Amazon....their time n the sun will soon be over....remember everything that goes up must come down.....
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F uck Amazon....their time n the sun will soon be over....remember everything that goes up must come down.....
good point . sears started in 1893 and was number one till 1989 when walmart knocked them off. sears' business model was that you could get everything under the sun in their store or from their catalogs . it's just a matter of time before amazon takes the same route.
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F uck Amazon....their time n the sun will soon be over....remember everything that goes up must come down.....
They've reached critical mass just like Apple. They'll be around for another hundred years even if they make some monumental mistakes. These new headquarters were a smart decision. Jeff Bezos may not be the most likable guy, but he is one of the best CEO's out there.
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Allentown pa offered 4.6 billion in incentives, but it wasn't enough.
The e-commerce giant received 238 proposals from cities in North America. "Getting from 238 to 20 was very tough — all the proposals showed tremendous enthusiasm and creativity,"
The 20 finalists were:
Atlanta
Austin, Texas
Boston
Chicago
Columbus, Ohio
Dallas
Denver
Indianapolis
Los Angeles
Miami
Montgomery County, Md.
Nashville, Tenn.
Newark, N.J.
New York City
Northern Virginia
Philadelphia
Pittsburgh
Raleigh, N.C.
Toronto
Washington, D.C.
https://www.cnbc.com/2018/01/18/amazon-narrows-list-of-candidates-for-new-headquarters-hq2-to-20.html (https://www.cnbc.com/2018/01/18/amazon-narrows-list-of-candidates-for-new-headquarters-hq2-to-20.html)
When 50,000 well paying jobs are up for grabs cities will roll out the red carpet.
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Amazing how a BILLION dollar company with THE richest man in the world as head.. somehow needs a billion dollar tax break...lol
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good point . sears started in 1893 and was number one till 1989 when walmart knocked them off. sears' business model was that you could get everything under the sun in their store or from their catalogs . it's just a matter of time before amazon takes the same route.
Back in 1982 IBM made over 80 percent of all profits in the Tech industry. Now IBM is considered a dinosaur.
I really don't understand why there aren't more Amazon copy cats out there. None of the traditional brick and mortar stores have seemed to figure out on line retailing.
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good point . sears started in 1893 and was number one till 1989 when walmart knocked them off. sears' business model was that you could get everything under the sun in their store or from their catalogs . it's just a matter of time before amazon takes the same route.
Sears creditors just want it to liquidate:
Sears unsecured creditors have requested that a bankruptcy court deny Sears’ request to pursue store sales to stay afloat.
As originally reported by Bloomberg, the unsecured creditors said in a court filing that the company’s current bankruptcy plan amounts to “an unjustified and foolhardy gamble with other people’s money.” The group believes that the money that the company would burn through staying in operation long enough to allow an asset sale should instead go to creditors. They say the amount of money that the company would burn through in this process could be as much as $500 million.
The creditors also critiqued the company’s plan to auction off its highest-performing stores as “nothing more than wishful thinking.”
https://www.foxbusiness.com/economy/creditors-demanding-sears-liquidation (https://www.foxbusiness.com/economy/creditors-demanding-sears-liquidation)
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good point . sears started in 1893 and was number one till 1989 when walmart knocked them off. sears' business model was that you could get everything under the sun in their store or from their catalogs . it's just a matter of time before amazon takes the same route.
So we have to wait 80+ years before amazon goes down?
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I really don't understand why there aren't more Amazon copy cats out there. None of the traditional brick and mortar stores have seemed to figure out on line retailing.
why aren't there more Microsoft copy cats out there?
Same reason...
gov't mafia and doing the bidding of the Rothschild clan gets you a free pass to have a monopoly
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why aren't there more Microsoft copy cats out there?
Same reason...
gov't mafia and doing the bidding of the Rothschild clan gets you a free pass to have a monopoly
Yeah, that must be it, lol.
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This will backfire on Cuomo, just like his Nanotech initiative that this past year ended up with indictments against Alain Kaloyoros and his Buffalo Billions Team: https://www.nytimes.com/2018/07/12/nyregion/kaloyeros-guilty-buffalo-billion-cuomo.html
Bezos is playing all these cities and they go for it. His use of robots will cut all those job predictions in half... https://www.dailymail.co.uk/sciencetech/article-4085650/Amazon-s-robot-army-revealed-Firm-45-000-bots-world.html
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Amazon gets 20 year tax abatements where they go in. The amount of revenue lost is massive to the places they go but the trade off is supposed to be jobs. If they do go further automated they will have 10-15 years of not providing jobs and not paying taxes.
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Amazon gets 20 year tax abatements where they go in. The amount of revenue lost is massive to the places they go but the trade off is supposed to be jobs. If they do go further automated they will have 10-15 years of not providing jobs and not paying taxes.
Yep! I used to live in New York state and ran a tech business. I can't remember how many times a business would be enticed to move into the area with tax credits and promises of jobs only to cut all those projections short less than 5 years later. The state (or more precisely Cuomo) builds megamillion dollar facilities and leases them out for $1 a year to his favored companies. They built such a building in Syracuse, NY only to have the tenant decide they weren't coming anyways, lol. This Amazon deal will completely backfire exactly because it is a stupid deal. https://www.bizjournals.com/albany/news/2017/12/21/manufacturer-backs-out-of-central-new-york-factory.html
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Amazon gets 20 year tax abatements where they go in. The amount of revenue lost is massive to the places they go but the trade off is supposed to be jobs. If they do go further automated they will have 10-15 years of not providing jobs and not paying taxes.
These aren't the kind of jobs you can replace with a robot. These are the leaders of the company.
Bezo's 14 Leadership Principles:
1) Customer Obsession
Leaders start with the customer and work backwards. They work vigorously to earn and keep customer trust. Although leaders pay attention to competitors, they obsess over customers.
2) Ownership
Leaders are owners. They think long term and don’t sacrifice long-term value for short-term results. They act on behalf of the entire company, beyond just their own team. They never say “that’s not my job.”
3) Invent and Simplify
Leaders expect and require innovation and invention from their teams and always find ways to simplify. They are externally aware, look for new ideas from everywhere, and are not limited by “not invented here”. Because we do new things, we accept that we may be misunderstood for long periods of time.
4) Are Right, A Lot
Leaders are right a lot. They have strong judgement and good instincts. They seek diverse perspectives and work to disconfirm their beliefs.
5) Learn and Be Curious
Leaders are never done learning and always seek to improve themselves. They are curious about new possibilities and act to explore them.
6) Hire and Develop the Best
Leaders raise the performance bar with every hire and promotion. They recognize people with exceptional talent and willingly move them throughout the organization. Leaders develop leaders and are serious about their role in coaching others. We work on behalf of our people to invent mechanisms for development like Career Choice.
7) Insist on the Highest Standards
Leaders have relentlessly high standards – many people may think these standards are unreasonably high. Leaders are continually raising the bar and driving their teams to deliver high quality products, services and processes. Leaders ensure that defects do not get sent down the line and that problems are fixed so they stay fixed.
8) Think Big
Thinking small is a self-fulfilling prophecy. Leaders create and communicate a bold direction that inspires results. They think differently and look around corners for ways to serve customers.
9) Bias for Action
Speed matters in business. Many decisions and actions are reversible and do not need extensive study. We value calculated risk taking.
10 Frugality
Accomplish more with less. Constraints breed resourcefulness, self-sufficiency and invention. There are no extra points for growing headcount, budget size or fixed expense.
11) Earn Trust
Leaders listen attentively, speak candidly, and treat others respectfully. They are vocally self-critical, even when doing so is awkward or embarrassing. Leaders do not believe their or their team’s body odour smells of perfume. They benchmark themselves and their teams against the best.
12 Dive Deep
Leaders operate at all levels, stay connected to the details, audit frequently, and are sceptical when metrics and anecdote differ. No task is beneath them.
13) Have Backbone; Disagree and Commit
Leaders are obligated to respectfully challenge decisions when they disagree, even when doing so is uncomfortable or exhausting. Leaders have conviction and are tenacious. They do not compromise for the sake of social cohesion. Once a decision is determined, they commit wholly.
14) Deliver Results
Leaders focus on the key inputs for their business and deliver them with the right quality and in a timely fashion. Despite setbacks, they rise to the occasion and never compromise.
http://customerthink.com/the-14-leadership-principles-that-drive-amazon/ (http://customerthink.com/the-14-leadership-principles-that-drive-amazon/)
I like this list of principles, but Amazon sounds like a pressure cooker to work for. If you don't get results, they'll show you the door quick.
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These aren't the kind of jobs you can replace with a robot. These are the leaders of the company.
lol Not exactly. https://www.businessinsider.com/amazon-headquarters-automation-robots-cities-2017-12
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Tons of jobs will be lost in the next 20 years because of robots but that is a good thing as it lessens the workload for people. Our financial system will have to learn to adapt and so will people with much more time on their hands. Our whole economy is rapidly changing right under our noses.
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So we have to wait 80+ years before amazon goes down?
i don't think so, things happen much quicker now.
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Tons of jobs will be lost in the next 20 years because of robots but that is a good thing as it lessens the workload for people. Our financial system will have to learn to adapt and so will people with much more time on their hands. Our whole economy is rapidly changing right under our noses.
The jobs that are going to be lost by robots have already been lost. Most of the jobs like spot welding and painting that can easily be automated already have been.
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There are many other jobs that will be lost. Right now McDonald's and other fast food chains are testing customer kiosks for ordering and more and more sales jobs are going bye bye because people order online instead of seeing someone especially seen in the insurance industry. Once cars and trucks can be driven automatically almost all truck driving jobs will be gone. Most office jobs especially middle management will be on the chopping block as well.
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These aren't the kind of jobs you can replace with a robot. These are the leaders of the company.
Bezo's 14 Leadership Principles:
1) Customer Obsession
Leaders start with the customer and work backwards. They work vigorously to earn and keep customer trust. Although leaders pay attention to competitors, they obsess over customers.
2) Ownership
Leaders are owners. They think long term and don’t sacrifice long-term value for short-term results. They act on behalf of the entire company, beyond just their own team. They never say “that’s not my job.”
3) Invent and Simplify
Leaders expect and require innovation and invention from their teams and always find ways to simplify. They are externally aware, look for new ideas from everywhere, and are not limited by “not invented here”. Because we do new things, we accept that we may be misunderstood for long periods of time.
4) Are Right, A Lot
Leaders are right a lot. They have strong judgement and good instincts. They seek diverse perspectives and work to disconfirm their beliefs.
5) Learn and Be Curious
Leaders are never done learning and always seek to improve themselves. They are curious about new possibilities and act to explore them.
6) Hire and Develop the Best
Leaders raise the performance bar with every hire and promotion. They recognize people with exceptional talent and willingly move them throughout the organization. Leaders develop leaders and are serious about their role in coaching others. We work on behalf of our people to invent mechanisms for development like Career Choice.
7) Insist on the Highest Standards
Leaders have relentlessly high standards – many people may think these standards are unreasonably high. Leaders are continually raising the bar and driving their teams to deliver high quality products, services and processes. Leaders ensure that defects do not get sent down the line and that problems are fixed so they stay fixed.
8) Think Big
Thinking small is a self-fulfilling prophecy. Leaders create and communicate a bold direction that inspires results. They think differently and look around corners for ways to serve customers.
9) Bias for Action
Speed matters in business. Many decisions and actions are reversible and do not need extensive study. We value calculated risk taking.
10 Frugality
Accomplish more with less. Constraints breed resourcefulness, self-sufficiency and invention. There are no extra points for growing headcount, budget size or fixed expense.
11) Earn Trust
Leaders listen attentively, speak candidly, and treat others respectfully. They are vocally self-critical, even when doing so is awkward or embarrassing. Leaders do not believe their or their team’s body odour smells of perfume. They benchmark themselves and their teams against the best.
12 Dive Deep
Leaders operate at all levels, stay connected to the details, audit frequently, and are sceptical when metrics and anecdote differ. No task is beneath them.
13) Have Backbone; Disagree and Commit
Leaders are obligated to respectfully challenge decisions when they disagree, even when doing so is uncomfortable or exhausting. Leaders have conviction and are tenacious. They do not compromise for the sake of social cohesion. Once a decision is determined, they commit wholly.
14) Deliver Results
Leaders focus on the key inputs for their business and deliver them with the right quality and in a timely fashion. Despite setbacks, they rise to the occasion and never compromise.
http://customerthink.com/the-14-leadership-principles-that-drive-amazon/ (http://customerthink.com/the-14-leadership-principles-that-drive-amazon/)
I like this list of principles, but Amazon sounds like a pressure cooker to work for. If you don't get results, they'll show you the door quick.
Totally missed the point. They can run a warehouse with 100,000s sqft with just a handful of people. That Maoist mantra you posted doesn't apply to anybody but manager level and above.
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Back in 1982 IBM made over 80 percent of all profits in the Tech industry. Now IBM is considered a dinosaur.
I really don't understand why there aren't more Amazon copy cats out there. None of the traditional brick and mortar stores have seemed to figure out on line retailing.
WalMart has really good online ordering system.
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Back in 1982 IBM made over 80 percent of all profits in the Tech industry. Now IBM is considered a dinosaur.
I really don't understand why there aren't more Amazon copy cats out there. None of the traditional brick and mortar stores have seemed to figure out on line retailing.
They cornered the market at the beginning of the internet era and no other company can get any traction because they have such name recognition. It would take very deep pockets to create a legit competitor and Bezos would probably just buy them up if they started making inroads into his profits.
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Totally missed the point. They can run a warehouse with 100,000s sqft with just a handful of people. That Maoist mantra you posted doesn't apply to anybody but manager level and above.
This is not going to be a warehouse, this is going to be a corporate headquarters. There won't be anything in it but desks and computers with Powerpoints and spreadsheets. Will the robots sit at the desks and give Powerpoint presentations?
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I was canned for "earn trust" after five years. Lolz at the leadership principles, which disguise every sort of dagger behind a fourteen point cloak.
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This is not going to be a warehouse, this is going to be a corporate headquarters. There won't be anything in it but desks and computers with Powerpoints and spreadsheets. Will the robots sit at the desks and give Powerpoint presentations?
This isn't 1996. There aren't going to be 10,000 people working at this place. Computing power and centralization of data has replaced people in cubicles tabulating reports.
I have friends in the corporate world. They run entire technical divisions with 3-4 real people and outsource everything...have meetings by skype in their underwear, go to the office a couple days a week.
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good point . sears started in 1893 and was number one till 1989 when walmart knocked them off. sears' business model was that you could get everything under the sun in their store or from their catalogs . it's just a matter of time before amazon takes the same route.
Yeah, a 96-year reign. Hardly seems worth it. Amazon should just fold up now.
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Amazing how a BILLION dollar company with THE richest man in the world as head.. somehow needs a billion dollar tax break...lol
Who is talking about need? It's getting the best deal you can. Isn't that what everybody tries to do about anything?
Benzo is offering something that a lot of cities want. Who offers the best deal wins.
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I was canned for "earn trust" after five years. Lolz at the leadership principles, which disguise every sort of dagger behind a fourteen point cloak.
Can you go more in depth about the culture of Amazon?
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F uck Amazon....their time n the sun will soon be over....remember everything that goes up must come down.....
how would you disrupt Amazon's business model? I dont see how.
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how would you disrupt Amazon's business model? I dont see how.
He's a getbigger. Thus, he's an expert on finance, economics, history, biology, chemistry, physics, politics, astronomy, sociology, anthropology, international affairs, geology, geography, philosophy, etc.
He will combine all the above fields to come up with the ultimate business model to put Amazon out of business.
I cannot wait to see Milone's business model. It will surely be a major contribution to the business world.
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Can you go more in depth about the culture of Amazon?
It's a huge company -- I don't know how 99% of it operates. I worked in a fairly large organization (3000-5000) and got paid six figures to do almost nothing. Easily 95% of our work was complete, utter waste. Everywhere I looked, work was being slurped up by its own simulation.
- Wrote a training module that no one ever uses? Great, another bullet point for the promo doc.
- Some lackey from corporation X phones in (pay rate = .5x mine), asking about an unsupported product? No problem: spend an hour looking into it. Escalate. Get the product manager involved (pay rate = 3x mine). Loop in the engineers (pay rate = 2x mine). Bounce the inquiry across three messaging mediums, no, make that seven. Whatever you do, don't get a one-star response! Oh, he already rated? No matter, get it expunged after review from the "team lead" (read: intrateam censor). Have a senior engineer call him (pay rate = 1.5x mine) back -- nevermind that he hasn't a clue about this domain (and is at least 2-5 hours behind you in research), has no interest in the matter, and has a backlog of seventy more highly-prioritized tasks!
- Decisions are "data-driven", remember? That means: you find a number. You speak that number whenever someone challenges you. If they rejoin with their own number, bring out your second number. Whoever runs out of numbers first loses -- so have as many as you need, but no more. The other fifty relevant numbers? Forget about em.
- Use key performance indicators to motivate the most minute, impossibly removed requests imaginable. Need to produce a "subject matter expert" to hit your teams operational target? Ask your existing SME to clone himself. Difficult guy, this SME! He objects: "but our domain is quite saturated with experts?" "No matter," you say with a grin! You won't be here forever, friend. "Yes but the average tenure is three years, we need two experts, and already have four, only one of whom has been here more than six months?" Enough haggling with this idiot! We need two experts per quarter, per team, and they will each produce ten work items per week. Nevermind that we have purchasers for only twenty work items monthly! Down the list, find another sorry sap who will unquestioningly "mentor" some beaten and quivering new grad, who only hopes that by obtaining his expert-accreditation he can move onto "bigger and better" things (i.e., leaping sideways and landing squarely in the bottom-bitch bracket) ahead of the industry average retention doomsday deadline of eighteen months.
- When in doubt, blame individuals for group failures. As a manager, that means using group goals to supersede individual goals whenever convenient. And best of all, you can set the individual goals entirely independently. Don't get it?
Suppose your team has to move 500 units per month. Set the individual goal of fifty units per month. This is sane and agreeable: workers will be happy to do that much, having time to do a quality job within standard work hours. Now hire not ten (you precious idiot) but five workers.
"But," you object, "that will only produce 250 units per month, half of what is needed?" Half! Ha, tell them thirty percent! What does it matter. You'll have them sweating like mules to hang onto those green cards. And should the delightfully fungible "fulfillment officer" (everyone is an officer, or an engineer, or a magistrate at least) fail to hit seventy five units per month? Sack the bad apple!
Don't worry if he complains, just tell him that everyone else did 80. And, of course, to do only 75 in a "time of need" is quite "unamazonian" -- it fails, by definition, to "raise the bar". Now that his spirit is quite broken by unassailable evidence, pile on which and whatever leadership principles you will until his back, too, is bursting with weight. Man does not live on bread alone, but long inuring to "general principles" so long as they rest on good sense. And when the time comes for bad sense? It's perfectly obliging when the load leads to power!
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This isn't 1996. There aren't going to be 10,000 people working at this place. Computing power and centralization of data has replaced people in cubicles tabulating reports.
I have friends in the corporate world. They run entire technical divisions with 3-4 real people and outsource everything...have meetings by skype in their underwear, go to the office a couple days a week.
They need to put that in the job description. Must be able to skype in your underwear and come to work twice a week.
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expect packages missing in the warehouse
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F uck Amazon....their time n the sun will soon be over....remember everything that goes up must come down.....
"soon" you're dumb!