I recall Amazon gave a lot of crazy offer this year: like 300K sign-on or 1M for the first 2 year for mid level. However, many offers rescinded recently. I can't even imagine these people's reaction. They probably have signed the offer and resigned from their last job. Does anybody actually experience this? Big offer rescinded? It is interesting because it is legal, which means now company can offer you some big package and lure you to resign then rescind your offer. #amazon
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There needs to be consequences for companies for rescinding within 2 weeks of starting your job
Like what? I don't think so according "at will".
Then you would have to give a consequence for resigning within two weeks. Both parties can do it so it’s fair
Who at amazon got 1m? Whats a mid level? I dont think those numbers exist before L8 and that’s not mid level
It will have a “Rippling” effect
My frnd got his offer rescinded after he moved to Canada . Company: Amazon Vancouver ofc
Canada has more laws around that. I’m sure your friend got support ($) in that exchange… but my god, to duck with your immigration is crazy
^No there’s nothing in Canada to protect you against this.
The recuiter who convinced me that amazon is the best company in the world got laid off
Now get ready to bear the consequences aka sell your soul
My offer from Amazon was rescinded on the same day it was offered 🤷🏻♂️
Now they are looking for 8 B loan. Looks like going down the rabbit hole Raking up debt on high interest rate 😪 Better sort the joinee by date and fire all the people joined in last 6 months to keep expenses down or revise their pay by -35%
Wow. -35%. How did you come up with that magic number?
8B at <1% interest, hardly a bad sign. Free cash if amazon can pay off higher interest debt and a guaranteed 80m for the bank offering it.
I was in process if getting offer in Oct 2022 but due to hiring freeze no offer was released, I dont think will get an offer by Apr.
Folks received crazy offers already joined Amazon and get the fat check. They stopped giving these offers months ago
They would be laid off anyway.
Don’t think so. You will mostly lay-off 10-20% folks and not all new hires. You maybe jealous but many people will keep getting fat checks