Amazon is Only Proving “Go Woke, Go Broke” with New Job Cuts

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We all know retail giant Amazon isn’t doing too bad for itself, at least not when it comes to its sales. According to Amazon’s second-quarter earnings statement, sales have climbed some 7 percent compared to the same period last year.

And yet, the company also just cut 6 percent of their workforce.

Yep, you read that right. Amazon, a company that prides itself on being employee driven and inclusive to all, just got rid of some 100,000 employees. 100,000 workers… Gone. Just like that.

It’s the biggest quarterly employee job cut in the company’s 28-year history, according to Barron’s.

But why you might ask if the company is supposedly doing so well?

Well, perhaps, they aren’t actually doing all that well. While sales are supposedly up, it seems the company has spent far too much time and money on going woke and now can’t afford to pay its workers.

According to the Barron’s report, before this quarter, Amazon was a “job-creation machine,” with new jobs being created and filled all the time.

So what’s changed?

Well, just like Google, Netflix, Microsoft, and Meta (formerly known as Facebook) have all recently figured out, going woke doesn’t mean growing. Instead, it means cutting down your workforce and slowly going broke.

And Amazon has certainly gone woke.

If we go back and look a little closer at that second-quarter earnings statement, we also see a number of expenditures that are 1) frivolous, to say the least, and 2) all geared to promote liberal and biased agendas.

Take their recently signed deal with former US President Barack Obama to create more Audible shows that “elevate diverse voices, for example.

Or what about the fact that in the month of June alone, the company hosted some 95 employee events worldwide just to celebrate LBGT “pride” month?

The company also paid for a “comprehensive inclusive learning campaign for Amazon employees worldwide, featuring diversity, equity, and inclusion resources, programs, and events, and interactive learning experiences.” Again, all of this was to celebrate Juneteenth.

Amazon also bragged about how it paid for abortions for its employees – $4000 to each. By the way, getting an abortion doesn’t cost that much. It’s basically a bonus for those who agree with the company’s pro-abortion stance.

In addition, the company will also pay for employees’ transgender sex change procedures and any related plastic surgeries. Let me tell you; those are expensive.

Amazon also sent some $2 billion commitments for “investments in affordable housing projects” that are supposed to benefit minorities. Now, supporting housing for those in need can’t be all that frowned upon. But maybe it’s not exactly the best use of their funds, particularly if they apparently can’t pay their workers.

But even more than just making poor business decisions, more than a few financial experts and such have pointed out, Amazon’s choice to cut its workforce is highly indicative that the economy isn’t doing so well either, and a recession is more than likely around the corner.

Take Economist Steve Hanke, who is also a professor at Johns Hopkins University, for example.

A recent Twitter post from him reads, “Amazon fired more than 100,000 employees in Q1 ALONE. 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 landfall.”

Another social media user said, “Nothing Shouts Economic Recession Louder Than Amazon’s 100,000 Job Cuts….”

You know, it’s kind of like Biden saying unemployment is still down while it’s clearly not.

In any case, it’s become abundantly clear that Amazon has messed up its priorities, placing diversity and identity politics over employees and profits. It might look good to their liberal allies for the moment. But when they are forced to cut even more jobs and can’t pay their bills, I’ll bet they start rethinking some of those decisions.

Then again, common sense never runs really strong in the liberal mind.