Comment Re:Meanwhile... (Score 1) 49
A few remarks...
> Meanwhile Huawei announced that it is increasing R&D spending
This might be a false comparison. Huawei and Amazon are very different companies. It would be difficult to directly compare them, and to suggest that the strategy that works for one would work for the other is at best naive. For example, it's worth noting Huawei is effectively a state owned enterprise of the PRC, and their business is subsidised by the state. It's also worth noting that the PRC tightly controls the public statements, censors everything, and many times statements are aimed at the domestic audience. Meaning that the CCP wants the Chines people to not be exposed to bad news, everything is just great with the PRC! Reuters acknowledged that in that link you shared, that they could not independently verify any of the statements made. So it's a bit weird you chose to cite a source with super questionable content. Also it's worth noting that in the USA several other big corporations are cutting jobs, and those might be a more credible direct comparison.
> This is so stupid. In a few years Amazon will be trying to hire these people back, having lost ground to companies that looked beyond the next quarter.
You might think it's stupid, that's your opinion, but I would suggest you might be fallaciously appealing to ignorance. That said, it was really amusing in an extremely ironic way, because you say "companies that looked beyond the next quarter", and I would argue that Amazon is probably doing exactly that. Consider that Amazon already cut 19K jobs, and is preparing to cut another 9K. Do you really think that is a company with a short term vision? They clearly believe the economy is going to get worse before it gets better, and if anything they now believe the economy is going to get much worse than they originally forecast.
Big corporations have teams of economists on the parole, they are not living in the same kind of denial that you might be. (no offence)
