It looks like Jeff Bezos may return. This brings up a few different leaders who had to make big and hated decisions to keep the company afloat. The company tanks a little, and the new CEO gets blamed, then the former CEO returns to glory. Articles connected to these companies talk about the triumphant return and not how most of the policies are kept.
This means the new CEO was never expected to win, and probably knew it going in. They get a nice contract that lets them be paid, and keep mum about it. The investors think they won, and the people in general think it worked.
It's a scummy trick, but it appears to work.
Same thing happened to reddit with Elen Pao.
And Starbucks.
True
COVID coming to an end means people are less interested in Amazon's services, be it streaming or shopping. It doesn't help that Amazon isn't reeling in many viewers on that massive money sink that is Rings of Power. They're getting raked over the coals over it. Still, I feel like there has to be something else going on that caused their stocks to dip that hard.
I admire your optimism. I'm already seeing the sheep putting on masks again, the "tripledemic" talk, and such. Even though worship of the coof protocols has slipped massively, I'm convinced people will still fall right in line when the government/media tells them to next time.
I still see a few stragglers in my area desperately clinging to subservience, but I think the US as a whole has dropped the act. Most people around here dropped the façade after about six months. Two weeks became two more weeks, then two months, and eventually people got fed up with it.
Some people never stopped wearing masks. I don't really even notice it any more. I think some people like it, and I surely do not care.
If it's a "tripledemic", then it sounds like they should be triple-masked. It just makes sense!
Washington state got shutdown again from what I've heard.
Um excuse me it's a QUAD-demic because you're forgetting the pandemic of rrrRRRacism?
Southwest is another example. The bean counter former CEO who cut operational spending for higher quarterly earnings and stock prices retired just a few months before this meltdown. The new guy knew that there was a problem with the crew software (among other neglected systems) but a few months isn’t enough time to have new software up and running. So of course the new guy gets caught holding the bag when everything implodes.
I think it was something that was bound to happen, but it was an act of God that actually triggered it. One that happened to be timed during the busiest travel days of the year (although a predictable time for cold weather).
Big Bob Iger energy.