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this post was submitted on 06 Dec 2023
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Technology
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I agree with a lot of what you're saying, but unfortunately the stock price soared at amzn after layoffs. Same thing happened at my old company. Only thing the market sees is the bottom line.
Also, the people quitting are the ones with a strong enough resume to get hired elsewhere.
Quiet quitting is an excellent option if you don't care what your next job is, but the fully remote options are all getting filled quickly, and simply waiting to get fired just means you'll be job hunting later in a potentially worse market, and going back to the office anyway.
Better to move up and out than just wait to be fired, in my opinion.
Stock prices are really not correlative. If the C-suite are chasing that high, you should go while you still can.