Latest / Omni Talk Retail / Inside Amazon’s Layoffs and What Culture Has to Do With It | Fast Five Shorts
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- 0:00Amazon
- 0:00is
- 0:01planning
- 0:01a
- 0:01second
- 0:01round.
- 0:02This
- 0:02one's
- 0:02going
- 0:02to
- 0:02be
- 0:03huge.
- 0:03I
- 0:03can't
- 0:03wait.
- 0:04It's
- 0:04so,
- 0:05so
- 0:05timely
- 0:06that
- 0:06Amazon
- 0:07makes
- 0:07this
- 0:07announcement
- 0:08today
- 0:09and
- 0:09have
- 0:10you
- 0:10on
- 0:10the
- 0:10show.
- 0:10So
- 0:10Amazon
- 0:11is
- 0:11planning
- 0:11a
- 0:11second
- 0:12round
- 0:12of
- 0:12corporate
- 0:12job
- 0:13cuts
- 0:13this
- 0:13week
- 0:14as
- 0:15part
- 0:15of
- 0:15its
- 0:15broader
- 0:15goal
- 0:16of
- 0:16trimming
- 0:16approximately
- 0:1730,000
- 0:18white
- 0:18collar
- 0:19workers,
- 0:20with
- 0:20CEO
- 0:21Andy
- 0:21Jassy
- 0:22attributing
- 0:22the
- 0:22cuts
- 0:22to
- 0:23bureaucracy
- 0:23and
- 0:23culture
- 0:24rather
- 0:25than
- 0:25AI
- 0:25or
- 0:25financial
- 0:26pressures.
- 0:27According
- 0:27to
- 0:28Reuters,
- 0:28Amazon
- 0:29cut
- 0:29approximately
- 0:3014,000
- 0:30corporate
- 0:31jobs
- 0:31in
- 0:31October
- 0:31and
- 0:32is
- 0:32planning
- 0:32to
- 0:32cut
- 0:32roughly
- 0:33the
- 0:33same
- 0:33number
- 0:34this
- 0:34week.
- 0:34And
- 0:35actually
- 0:35just
- 0:35came
- 0:35out
- 0:35this
- 0:36morning
- 0:36before
- 0:36we
- 0:36went
- 0:37to
- 0:37print
- 0:37that
- 0:38that
- 0:38number
- 0:38is
- 0:38roughly
- 0:3916,000,
- 0:40I
- 0:40believe,
- 0:40potentially
- 0:41beginning
- 0:42like
- 0:42you
- 0:43said,
- 0:43as
- 0:43early
- 0:44as
- 0:44today.
- 0:44The
- 0:45layoffs
- 0:45will
- 0:45affect
- 0:45Amazon
- 0:46Web
- 0:46Services,
- 0:47retail,
- 0:47prime
- 0:47video
- 0:48and
- 0:48human
- 0:48resources
- 0:49units,
- 0:50though
- 0:50the
- 0:50full
- 0:50scope
- 0:51does
- 0:51still
- 0:51remain
- 0:51unclear.
- 0:52CEO
- 0:52Andy
- 0:52Jassy
- 0:53told
- 0:53analysts
- 0:53during
- 0:54the
- 0:54company's
- 0:54Q3
- 0:54earnings
- 0:55call
- 0:55that
- 0:55the
- 0:56reduction
- 0:56was,
- 0:56quote,
- 0:56not
- 0:57really
- 0:57financially
- 0:58driven.
- 0:58And
- 0:58it's
- 0:58not
- 0:58even
- 0:59really
- 0:59a
- 1:00I
- 1:00driven.
- 1:01Rather,
- 1:02it's
- 1:02culture,
- 1:02end
- 1:03quote.
- 1:03Explaining
- 1:03that
- 1:04you,
- 1:04quote,
- 1:04end
- 1:04up
- 1:05with
- 1:05a
- 1:05lot
- 1:05more
- 1:05people
- 1:06than
- 1:06you
- 1:06had
- 1:06before
- 1:07and
- 1:07you
- 1:07end
- 1:07up
- 1:08with
- 1:08a
- 1:08lot
- 1:08more
- 1:08layers.
- 1:08Oh
- 1:09my
- 1:09God,
- 1:09this
- 1:09is
- 1:09going
- 1:09to
- 1:09be
- 1:10a
- 1:10field
- 1:10day
- 1:10for
- 1:10you,
- 1:10Jen.
- 1:11And
- 1:11quote,
- 1:11the
- 1:1230,000
- 1:12total
- 1:13job
- 1:13cuts
- 1:13would
- 1:13represent
- 1:14nearly
- 1:1410%
- 1:15of
- 1:15Amazon's
- 1:15corporate
- 1:16workforce,
- 1:16but
- 1:17only
- 1:17a
- 1:17small
- 1:17portion
- 1:18of
- 1:18the
- 1:18company's
- 1:191.58
- 1:20million
- 1:20total
- 1:21employees.
- 1:21I
- 1:21had
- 1:21no
- 1:21idea
- 1:22they
- 1:22had
- 1:22that
- 1:22many
- 1:22employees,
- 1:23with
- 1:23the
- 1:23majority
- 1:23working,
- 1:24of
- 1:24course,
- 1:24in
- 1:24fulfillment
- 1:25centers
- 1:25and
- 1:25warehouses.
- 1:26This
- 1:27would
- 1:27be
- 1:27the
- 1:27largest
- 1:28layoff
- 1:28in
- 1:28Amazon's
- 1:29three
- 1:29decade
- 1:30history,
- 1:31surpassing
- 1:31the
- 1:32approximately
- 1:3227,000
- 1:33jobs
- 1:34trimmed
- 1:34in
- 1:342022.
- 1:36Jen,
- 1:37Andy
- 1:38Jassy
- 1:38says
- 1:39this
- 1:39is
- 1:40all
- 1:40about
- 1:40culture
- 1:40and
- 1:41bureaucracy
- 1:41and
- 1:42not
- 1:42AI
- 1:42or
- 1:42finances.
- 1:43Do
- 1:43you
- 1:44buy
- 1:44that
- 1:44explanation?
- 1:45And
- 1:46also
- 1:46here's
- 1:46the
- 1:46second
- 1:47question.
- 1:48How
- 1:48should
- 1:48the
- 1:48broader
- 1:49industry
- 1:49examine
- 1:50this
- 1:50plan
- 1:51and
- 1:51what
- 1:51action
- 1:51should
- 1:52they
- 1:52be
- 1:52thinking
- 1:52about
- 1:52taking?
- 1:53Okay,
- 1:54so
- 1:54first
- 1:54of
- 1:55all,
- 1:55I
- 1:55think
- 1:55between
- 1:55the
- 1:56two
- 1:56cuts
- 1:56since
- 1:57October,
- 1:57there's
- 1:5830,000
- 1:58jobs.
- 1:59Ish.
- 2:00Yeah,
- 2:00right.
- 2:00So
- 2:00I
- 2:00just
- 2:01take
- 2:01a
- 2:01minute
- 2:02and
- 2:02say
- 2:03that's
- 2:03never
- 2:03to
- 2:04be
- 2:04taken
- 2:04lightly.
- 2:04I
- 2:05feel
- 2:05for
- 2:05those
- 2:05affected,
- 2:06that's
- 2:06really
- 2:06hard
- 2:07stuff.
- 2:07Right?
- 2:08Headlines
- 2:09every
- 2:09single
- 2:10day,
- 2:10corporate
- 2:11layoff.
- 2:11So
- 2:11I
- 2:11want
- 2:11to
- 2:12just
- 2:12take
- 2:12a
- 2:12moment
- 2:12and
- 2:13play
- 2:13on
- 2:13the
- 2:14human
- 2:14aspect
- 2:14of
- 2:14it.
- 2:15Like
- 2:15that
- 2:15is
- 2:16very
- 2:16hard.
- 2:16Now,
- 2:17to
- 2:17answer
- 2:17your
- 2:17question,
- 2:18am
- 2:18I
- 2:19buying
- 2:19the
- 2:19explanation
- 2:20here?
- 2:21I
- 2:22can
- 2:22only
- 2:22hope
- 2:22that
- 2:23Andy
- 2:23honestly
- 2:24sees
- 2:24bureaucracy
- 2:25and
- 2:25these
- 2:25quote
- 2:25unquote
- 2:26layers
- 2:26that
- 2:27have
- 2:27been
- 2:27created
- 2:27as
- 2:27a
- 2:28real
- 2:28issue,
- 2:28because
- 2:28I
- 2:29do.
- 2:30I
- 2:30believe
- 2:30that
- 2:31is
- 2:31a
- 2:31huge
- 2:31issue.
- 2:32And
- 2:32I
- 2:32think
- 2:32anyone
- 2:33in
- 2:33corporate
- 2:33retail
- 2:34at
- 2:34a
- 2:34leadership
- 2:35level
- 2:35feels
- 2:36frustrated
- 2:37by
- 2:37this
- 2:37like
- 2:38additional
- 2:38bureaucracy.
- 2:3917
- 2:39layers
- 2:40of
- 2:40approval.
- 2:41I'm
- 2:41at
- 2:42a
- 2:42senior
- 2:42director
- 2:42role,
- 2:43VP
- 2:43level
- 2:44role.
- 2:44We
- 2:44talk
- 2:45to
- 2:45these
- 2:45executives
- 2:46every
- 2:46day
- 2:47on
- 2:47our
- 2:47team
- 2:48and
- 2:48they
- 2:48feel
- 2:49like
- 2:49they
- 2:49still
- 2:49don't
- 2:49get
- 2:50to
- 2:50own
- 2:50their
- 2:50business
- 2:51like
- 2:51they
- 2:51used
- 2:51to.
- 2:52Right.
- 2:52Like
- 2:52I've
- 2:52been.
- 2:53Business
- 2:53has
- 2:53changed.
- 2:54Right.
- 2:55And
- 2:55it
- 2:55sounds
- 2:55like
- 2:55you
- 2:56were
- 2:56there.
- 2:56Right.
- 2:56So
- 2:57I'll
- 2:57never
- 2:57go
- 2:57back
- 2:57for
- 2:58that
- 2:58reason,
- 2:58actually,
- 2:58because
- 2:58I
- 2:59have
- 2:59a
- 2:59lot
- 2:59more
- 2:59autonomy
- 2:59in
- 3:00what
- 3:00I
- 3:00do
- 3:00now.
- 3:01Yeah.
- 3:01And
- 3:01I
- 3:02think
- 3:02we
- 3:02see.
- 3:03And
- 3:03this
- 3:03is
- 3:03sort
- 3:03of
- 3:03a
- 3:04side
- 3:04note
- 3:04and
- 3:04then
- 3:04I'll
- 3:04get
- 3:04back
- 3:04to
- 3:05answering
- 3:05your
- 3:05question.
- 3:05But
- 3:06we
- 3:06see
- 3:06we
- 3:06also
- 3:07work
- 3:07with
- 3:07manufacturing
- 3:08and
- 3:08distribution
- 3:08that
- 3:08is
- 3:09private
- 3:09equity
- 3:09backed.
- 3:10So
- 3:10they're
- 3:10like
- 3:10the
- 3:11small
- 3:11to
- 3:11midsize
- 3:12growing
- 3:13when
- 3:13PE
- 3:14steps
- 3:15in.
- 3:15And
- 3:15I
- 3:15know
- 3:15not
- 3:15everybody
- 3:16loves
- 3:16private
- 3:16equity,
- 3:17but
- 3:17when
- 3:17PE
- 3:18steps
- 3:18in,
- 3:18they
- 3:18do
- 3:19trim
- 3:19the
- 3:19fat.
- 3:19They
- 3:20minimize
- 3:21the
- 3:21layers.
- 3:21And
- 3:21they
- 3:21say,
- 3:21you
- 3:22own
- 3:22your
- 3:22business
- 3:22and
- 3:22here's
- 3:23how,
- 3:23how
- 3:23we
- 3:23grow.
- 3:24And
- 3:24some
- 3:24of
- 3:25the
- 3:25leaders
- 3:25that
- 3:25step
- 3:25out
- 3:26of
- 3:26corporate
- 3:26retail
- 3:27and
- 3:27into
- 3:27those
- 3:27more
- 3:28PE
- 3:28backed
- 3:28environments,
- 3:29they
- 3:29thrive
- 3:30because
- 3:30of
- 3:30the
- 3:30autonomy.
- 3:31There's
- 3:31pressure,
- 3:32but
- 3:32there's
- 3:32autonomy.
- 3:33I've
- 3:33never
- 3:33thought
- 3:34about
- 3:34that
- 3:34actually,
- 3:34Jen,
- 3:35that's
- 3:35really,
- 3:35that's
- 3:35really
- 3:36interesting,
- 3:36the
- 3:36dichotomy
- 3:37between
- 3:37private
- 3:37equity.
- 3:38Which
- 3:38makes
- 3:38sense.
- 3:38Yeah.
- 3:38Cause
- 3:38they're
- 3:39going
- 3:39to
- 3:39trim
- 3:39everybody
- 3:39out
- 3:40and
- 3:40you
- 3:40just
- 3:40got
- 3:40to
- 3:40own
- 3:40it
- 3:41and
- 3:41get
- 3:41it
- 3:41done.
- 3:41And
- 3:41if
- 3:41you
- 3:42don't,
- 3:42you're
- 3:42out
- 3:42probably.
- 3:42Right,
- 3:43Right.
- 3:44And
- 3:44then.
- 3:44But
- 3:44if
- 3:44you
- 3:44are
- 3:45owning
- 3:45it
- 3:45and
- 3:45you're
- 3:45getting
- 3:46results,
- 3:46they
- 3:46give
- 3:46you
- 3:47even
- 3:47more
- 3:47ownership.
- 3:47Like,
- 3:48great,
- 3:48just
- 3:48send
- 3:49me
- 3:49a
- 3:49text
- 3:49before
- 3:49that
- 3:50approval.
- 3:50Instead
- 3:50of.
- 3:50In
- 3:51today's
- 3:51retail
- 3:52corporate
- 3:52America,
- 3:53you
- 3:53have
- 3:53to
- 3:53make
- 3:5317
- 3:54slideshows
- 3:55and
- 3:55change
- 3:55the
- 3:56borders
- 3:56six
- 3:56times
- 3:57right.
- 3:57Before
- 3:58you
- 3:58can
- 3:58get
- 3:59that
- 3:59approved.
- 3:59So
- 4:00anyways,
- 4:01to
- 4:01go
- 4:01back
- 4:02to
- 4:02this.
- 4:02Am
- 4:02I
- 4:02buying
- 4:02the
- 4:03explanation?
- 4:04I
- 4:04mean,
- 4:04look,
- 4:04I
- 4:05think
- 4:05both
- 4:05can
- 4:05be
- 4:05true.
- 4:06I
- 4:06think
- 4:07hopefully
- 4:08again,
- 4:08I
- 4:08very
- 4:09much
- 4:09hope
- 4:09that
- 4:09he
- 4:09sees
- 4:10this
- 4:10as
- 4:10an
- 4:10issue
- 4:10and
- 4:11he's
- 4:11like,
- 4:11look,
- 4:11let's
- 4:11try
- 4:12to
- 4:12minimize
- 4:13the
- 4:13layers
- 4:13in
- 4:13bureaucracy
- 4:14and
- 4:14let
- 4:14our
- 4:14team
- 4:15do
- 4:15their
- 4:15work.
- 4:16But
- 4:17at
- 4:17the
- 4:17same
- 4:17time,
- 4:18of
- 4:18course
- 4:18there's
- 4:18a
- 4:19financial
- 4:19impact
- 4:19here.
- 4:20I
- 4:20mean,
- 4:20when
- 4:20you
- 4:20trim
- 4:2116,000
- 4:22jobs,
- 4:23there's
- 4:23definitely
- 4:24a
- 4:24financial
- 4:24impact.
- 4:25And
- 4:25of
- 4:25course,
- 4:26AI,
- 4:27when
- 4:27done
- 4:27right,
- 4:27allows
- 4:28strategic
- 4:28talent
- 4:29to
- 4:29do
- 4:29so
- 4:29much
- 4:29more
- 4:29with
- 4:30less
- 4:30headcount.
- 4:30So
- 4:31I
- 4:31think
- 4:31AI
- 4:31enables
- 4:32some
- 4:32of
- 4:32them,
- 4:33some
- 4:34of
- 4:34these
- 4:34jobs
- 4:34to
- 4:34be
- 4:35cut
- 4:35and
- 4:37the
- 4:37work
- 4:37to
- 4:38go
- 4:38on.
- 4:40Would
- 4:40I.
- 4:41Here's
- 4:41the
- 4:41second
- 4:41part
- 4:41of
- 4:41your
- 4:42question.
- 4:42Would
- 4:42I
- 4:43suggest
- 4:44that
- 4:44the
- 4:44broader
- 4:44industry
- 4:45take
- 4:45note?
- 4:46Um,
- 4:46I
- 4:46don't
- 4:47know
- 4:47if
- 4:47people
- 4:47are
- 4:47going
- 4:48to
- 4:48like
- 4:48my
- 4:48answer
- 4:48here,
- 4:48Chris,
- 4:49but
- 4:49we're
- 4:50going
- 4:50to
- 4:50Be
- 4:50honest
- 4:50here
- 4:50on
- 4:50the
- 4:51Omni
- 4:51Talk.
- 4:51Yeah,
- 4:52we
- 4:52a
- 4:52hundred
- 4:52percent
- 4:52are
- 4:53going
- 4:53to
- 4:53be
- 4:53frank.
- 4:54Yeah.
- 4:55So
- 4:55I,
- 4:55I
- 4:55just
- 4:56would
- 4:56truthfully
- 4:56say
- 4:57I
- 4:57think
- 4:57most
- 4:57organizations
- 4:58could
- 4:58cut
- 4:5910%
- 4:59of
- 4:59their
- 4:59corporate
- 5:00teams
- 5:00and
- 5:01be
- 5:01more
- 5:01effective,
- 5:02more
- 5:02efficient.
- 5:03As
- 5:03long
- 5:03as
- 5:03it's
- 5:03done
- 5:04really
- 5:04well.
- 5:05I
- 5:05think
- 5:05it's
- 5:05good
- 5:05business.
- 5:06In
- 5:06some
- 5:06ways
- 5:06we're
- 5:07not
- 5:07the
- 5:07same
- 5:08business
- 5:08we
- 5:08were
- 5:0910
- 5:09years
- 5:09ago.
- 5:09We
- 5:10shouldn't
- 5:10have
- 5:10the
- 5:10same
- 5:11size
- 5:11teams
- 5:12we
- 5:12had
- 5:1210
- 5:12years
- 5:12ago.
- 5:13I
- 5:13think
- 5:13it
- 5:13just
- 5:13makes
- 5:14sense.
- 5:16What
- 5:16I've
- 5:16seen
- 5:17that
- 5:17has
- 5:17gone
- 5:17wrong
- 5:18is
- 5:18some
- 5:19of
- 5:19these
- 5:19organizations
- 5:21making
- 5:21these
- 5:21types
- 5:21of
- 5:22cuts
- 5:24and
- 5:24saying
- 5:25hey,
- 5:25AI
- 5:25can
- 5:26help.
- 5:27But
- 5:27instead
- 5:28of
- 5:28actually
- 5:29doing
- 5:29the
- 5:29work
- 5:30to
- 5:30create
- 5:31better
- 5:31budgets,
- 5:32better
- 5:32support,
- 5:33better
- 5:33tech,
- 5:34they're
- 5:34giving
- 5:34them
- 5:34like
- 5:35half
- 5:35baked
- 5:35tech.
- 5:36Here's
- 5:36a
- 5:37chat
- 5:37GPT
- 5:39and
- 5:39now
- 5:39can
- 5:39you
- 5:40do
- 5:40six
- 5:40jobs?
- 5:40Because
- 5:41we
- 5:41just
- 5:41cut
- 5:41the
- 5:41five
- 5:42around
- 5:42you
- 5:42and
- 5:43that's
- 5:43going
- 5:43to
- 5:43burn
- 5:43out
- 5:44top
- 5:44talent
- 5:44fast.
- 5:45Right.
- 5:45So
- 5:45I
- 5:45think,
- 5:45I
- 5:46mean
- 5:46it
- 5:46has
- 5:46to
- 5:46be
- 5:46done
- 5:47really
- 5:47well.
- 5:47I'm
- 5:47not
- 5:48sitting
- 5:48here
- 5:48saying
- 5:48I'm
- 5:49going
- 5:49to
- 5:49be
- 5:49the
- 5:49expert
- 5:50on
- 5:50how
- 5:50to
- 5:50do
- 5:50that,
- 5:51but
- 5:51I've
- 5:51seen
- 5:51it
- 5:51gone
- 5:52wrong
- 5:52when
- 5:53it's
- 5:53done
- 5:54incorrectly.
- 5:54But
- 5:55overall
- 5:55I,
- 5:56I'm
- 5:56a
- 5:56fan
- 5:57of
- 5:57trimming
- 5:57the
- 5:57fat
- 5:58at
- 5:58the,
- 5:58on
- 5:58the
- 5:58corporate
- 5:59teams
- 5:59and,
- 6:00and
- 6:00just
- 6:00hiring
- 6:00better
- 6:01A
- 6:01players
- 6:01for
- 6:01the
- 6:02roles
- 6:02that
- 6:02you
- 6:02keep.
- 6:03That's
- 6:03really
- 6:03interesting
- 6:04too.
- 6:04I
- 6:04didn't
- 6:04expect
- 6:04to
- 6:04go
- 6:05in
- 6:05that
- 6:05direction.
- 6:05It's
- 6:05funny
- 6:06because
- 6:06it's
- 6:06timely.
- 6:06I'm
- 6:06having
- 6:06a
- 6:07cop,
- 6:07I'm
- 6:07doing
- 6:07a
- 6:07recording
- 6:08a
- 6:08podcast
- 6:08with
- 6:08Experian
- 6:09Technologies
- 6:09on
- 6:10Monday
- 6:10and
- 6:10that's
- 6:11one
- 6:11of
- 6:11the
- 6:11questions
- 6:11I'm
- 6:12going
- 6:12to
- 6:12ask
- 6:12them
- 6:12is
- 6:12like,
- 6:12how
- 6:13do
- 6:13you
- 6:13actually
- 6:13implement
- 6:14AI
- 6:14through
- 6:15for
- 6:15the
- 6:15purpose
- 6:15of
- 6:15workplace
- 6:16efficiency?
- 6:17And
- 6:17when
- 6:17you
- 6:17put
- 6:18it
- 6:18in
- 6:18the
- 6:18context
- 6:18of
- 6:18like
- 6:19how
- 6:19do
- 6:19you
- 6:19think
- 6:19about
- 6:19your
- 6:19organizational
- 6:20design?
- 6:20I
- 6:21think
- 6:21that's
- 6:22a
- 6:22really
- 6:22great
- 6:22point
- 6:22you're
- 6:23making
- 6:23Jen,
- 6:23is
- 6:23like
- 6:24I
- 6:24would
- 6:24probably
- 6:25experiment
- 6:25with
- 6:25what
- 6:26the
- 6:26right
- 6:26answers
- 6:27are
- 6:27for
- 6:27workplace
- 6:27efficiency
- 6:28before
- 6:28I
- 6:28just
- 6:28go
- 6:29and
- 6:29make
- 6:29cuts
- 6:29on
- 6:29the
- 6:30idea
- 6:30that
- 6:30AI
- 6:31can
- 6:31get
- 6:31me
- 6:31to
- 6:31the
- 6:31place
- 6:32I
- 6:32want
- 6:32to
- 6:32be.
- 6:33And
- 6:33in
- 6:33general
- 6:33there's
- 6:34probably
- 6:34just
- 6:34as
- 6:35what
- 6:35I
- 6:35heard
- 6:35you
- 6:35say,
- 6:36in
- 6:36general
- 6:36there's
- 6:37probably
- 6:37just
- 6:37ways
- 6:38to
- 6:38trim
- 6:38the
- 6:38fat
- 6:38in
- 6:39the
- 6:39organization
- 6:39too.
- 6:40So
- 6:40I'm
- 6:40glad
- 6:40you
- 6:40came
- 6:41back
- 6:41around
- 6:41on
- 6:41that
- 6:41because
- 6:41I
- 6:41was
- 6:42going
- 6:42to,
- 6:42I
- 6:42was
- 6:42going
- 6:42to
- 6:42ask
- 6:43you
- 6:43that
- 6:43but
- 6:43I
- 6:43mean
- 6:44for
- 6:44me
- 6:44I,
- 6:44I,
- 6:45I
- 6:45fundamentally
- 6:45agree
- 6:46with
- 6:46everything
- 6:46you
- 6:47said.
- 6:47I
- 6:47think
- 6:48the
- 6:48way
- 6:48I'd
- 6:48sum
- 6:49it
- 6:49up
- 6:49from
- 6:49my
- 6:49perspective
- 6:50in
- 6:50my
- 6:50language
- 6:50is
- 6:50like,
- 6:51I
- 6:51think
- 6:51it's
- 6:52just
- 6:52good
- 6:52business
- 6:52and
- 6:53does
- 6:53it
- 6:53have
- 6:53to
- 6:54do
- 6:54with
- 6:54AI
- 6:54or
- 6:54does
- 6:55it
- 6:55not
- 6:55Like
- 6:56I
- 6:56don't
- 6:56think
- 6:56that
- 6:56question
- 6:57really
- 6:57matters.
- 6:58It's
- 6:58kind
- 6:58of
- 6:58a,
- 6:58it's
- 6:59kind
- 6:59of
- 6:59a
- 6:59moot
- 6:59point
- 6:59at
- 6:59the
- 7:00end
- 7:00of
- 7:00the
- 7:00day.
- 7:01And
- 7:01at
- 7:01the
- 7:01end
- 7:01of
- 7:02the
- 7:02day,
- 7:02you
- 7:02just
- 7:02always
- 7:02need
- 7:03to
- 7:03get
- 7:03in
- 7:03front
- 7:04of
- 7:04things
- 7:04and
- 7:04get
- 7:04leaner
- 7:05as
- 7:05much
- 7:05as
- 7:06you
- 7:06can.
- 7:06And
- 7:06so
- 7:06whether
- 7:07that's
- 7:07chewing
- 7:07the,
- 7:08or
- 7:08trimming
- 7:08the
- 7:08fat
- 7:09or
- 7:09employing
- 7:10AI,
- 7:10like
- 7:10it
- 7:10doesn't
- 7:11really
- 7:11matter.
- 7:11And
- 7:12so
- 7:12like,
- 7:12I
- 7:12think
- 7:12it's
- 7:12just
- 7:12good
- 7:13business.
- 7:13And
- 7:13I
- 7:13think
- 7:13to
- 7:13your
- 7:14point
- 7:14too,
- 7:15the
- 7:15smart
- 7:16retailers
- 7:16are
- 7:17looking
- 7:17at
- 7:17this
- 7:17announcement
- 7:18and
- 7:18going,
- 7:19huh,
- 7:19do
- 7:20I
- 7:20need
- 7:20to
- 7:20take
- 7:20a
- 7:20hard
- 7:21look
- 7:21at
- 7:21this
- 7:21in
- 7:21my
- 7:21organization?
- 7:23And
- 7:23my
- 7:23question
- 7:24for
- 7:24you
- 7:24though
- 7:24is
- 7:24like,
- 7:24how
- 7:24many,
- 7:25how
- 7:25many
- 7:25executives
- 7:26you
- 7:26think
- 7:26are
- 7:27doing
- 7:27that
- 7:27versus
- 7:28they're
- 7:28just
- 7:28like,
- 7:29this
- 7:29is
- 7:29a
- 7:29one
- 7:29off,
- 7:30Like
- 7:30I'm
- 7:30not
- 7:30going
- 7:30to
- 7:30pay
- 7:30attention
- 7:30to
- 7:31it.
- 7:31I'm
- 7:31just
- 7:31going
- 7:31to
- 7:31look
- 7:31at
- 7:31my
- 7:31organization,
- 7:32keep
- 7:32running
- 7:32it
- 7:32the
- 7:33same
- 7:33way.
- 7:33Or
- 7:33do
- 7:33you
- 7:33think
- 7:34most
- 7:34of
- 7:34the
- 7:34leaders
- 7:34generally
- 7:35are
- 7:35trying
- 7:35to
- 7:36look
- 7:36at
- 7:36this
- 7:36type
- 7:36of
- 7:36thing?
- 7:37Every
- 7:37single
- 7:38year,
- 7:39to
- 7:40my
- 7:40knowledge,
- 7:40in
- 7:41our
- 7:41clients
- 7:42and
- 7:42in
- 7:42our
- 7:42network,
- 7:43every
- 7:43single
- 7:44year
- 7:44we're
- 7:44looking
- 7:45at
- 7:45workplace
- 7:46efficiency
- 7:47and
- 7:47org
- 7:47charts.
- 7:49What
- 7:50I
- 7:50don't
- 7:50know.
- 7:51I
- 7:51know,
- 7:52you
- 7:52know,
- 7:52some
- 7:52people
- 7:52put
- 7:52it
- 7:53on
- 7:53hr.
- 7:53Like,
- 7:53hey,
- 7:54is
- 7:54HR
- 7:54working
- 7:55on
- 7:55this?
- 7:55Well,
- 7:55here's
- 7:56the
- 7:56deal.
- 7:56If
- 7:56we're
- 7:56talking
- 7:57about
- 7:57it
- 7:57being
- 7:57done
- 7:57well,
- 7:58you
- 7:59have
- 7:59to
- 7:59tell
- 7:59HR
- 8:00what
- 8:00you
- 8:00can
- 8:00and
- 8:01can't
- 8:01do
- 8:01without
- 8:02and
- 8:02where
- 8:02you
- 8:03could
- 8:03thrive.
- 8:03And
- 8:04hey,
- 8:04we
- 8:04can
- 8:04get
- 8:04rid
- 8:04of
- 8:05two
- 8:05headcount
- 8:06because
- 8:06I
- 8:07want
- 8:07to
- 8:07implement
- 8:07this
- 8:07tech
- 8:08to
- 8:08take
- 8:08over.
- 8:08Like
- 8:09there
- 8:09has
- 8:09to
- 8:09be
- 8:09again
- 8:10that
- 8:10plan.
- 8:10It's
- 8:11not
- 8:11just
- 8:11HR
- 8:12makes
- 8:12the
- 8:12decision
- 8:13and
- 8:13OPS
- 8:14has
- 8:14to
- 8:14deal
- 8:14with
- 8:14it
- 8:14or
- 8:15OPS
- 8:15makes
- 8:15the
- 8:15decision
- 8:15and
- 8:16tells
- 8:16HR
- 8:16there
- 8:17really
- 8:17needs
- 8:17to
- 8:17be
- 8:17a
- 8:17collaboration
- 8:18there
- 8:18for
- 8:18it
- 8:18to
- 8:19be
- 8:19done
- 8:19well.
- 8:20Right,
- 8:20and
- 8:20that,
- 8:20that
- 8:21goes
- 8:21back
- 8:21to
- 8:21your
- 8:21point
- 8:21about
- 8:22bureaucracy
- 8:22too
- 8:22because
- 8:23that
- 8:23becomes
- 8:23difficult
- 8:23as
- 8:24an
- 8:24executive
- 8:24too
- 8:24because
- 8:25how
- 8:25much
- 8:25of
- 8:25that
- 8:25do
- 8:26you
- 8:26actually
- 8:26own
- 8:27in
- 8:27terms
- 8:27of
- 8:27determining
- 8:28the
- 8:28design
- 8:29and
- 8:29creation
- 8:30of
- 8:30your
- 8:30organizational
- 8:31structure
- 8:31underneath
- 8:32you?
- 8:32So
- 8:32it's
- 8:32kind
- 8:32of
- 8:32like
- 8:33a
- 8:33chicken
- 8:33and
- 8:33the
- 8:33egg
- 8:34thing
- 8:34that
- 8:34you
- 8:34start
- 8:34to
- 8:34get
- 8:35into
- 8:35here
- 8:35if
- 8:35you're
- 8:35not
- 8:35careful
- 8:36as
- 8:36well.
- 8:37For
- 8:37sure.
- 8:37I
- 8:37mean,
- 8:38in
- 8:38my
- 8:38ideal
- 8:39situation,
- 8:39and
- 8:40unfortunately
- 8:40they
- 8:41don't
- 8:41always
- 8:41call
- 8:41me
- 8:41Chris.
- 8:42I
- 8:42don't
- 8:42know
- 8:42why
- 8:44they
- 8:44don't
- 8:44always
- 8:45call
- 8:45me
- 8:45either.
- 8:45Listen
- 8:46to
- 8:46me
- 8:46either,
- 8:46Jen.
- 8:47But
- 8:47in
- 8:48my
- 8:48ideal
- 8:48situation,
- 8:50you
- 8:50leave
- 8:50it
- 8:51up
- 8:51to
- 8:51the
- 8:51business
- 8:51leader,
- 8:52right?
- 8:52As
- 8:52much
- 8:53as
- 8:53possible
- 8:53you
- 8:53say,
- 8:54hey,
- 8:54here's
- 8:54what
- 8:54we
- 8:54need
- 8:55to
- 8:55hit.
- 8:55Here's
- 8:55the
- 8:55margins
- 8:56we
- 8:56need
- 8:56to
- 8:56be
- 8:56at,
- 8:56here's
- 8:57the
- 8:57revenue,
- 8:58here's
- 8:58the
- 8:58plan.
- 8:59Everyone
- 8:59has
- 8:59a
- 9:00budget,
- 9:00we're
- 9:00in
- 9:00retail
- 9:01we
- 9:01watch
- 9:01every
- 9:02dollar
- 9:03in
- 9:03that,
- 9:05let
- 9:05them
- 9:05figure
- 9:05out
- 9:05how
- 9:05to
- 9:06get
- 9:06there,
- 9:06but
- 9:06then
- 9:06it's
- 9:07on
- 9:07them
- 9:07if
- 9:07they
- 9:07don't.
- 9:08Right.
- 9:08If
- 9:08you
- 9:08decide
- 9:08to
- 9:09headcount
- 9:09is
- 9:09what
- 9:10you
- 9:10needed,
- 9:11but
- 9:11now
- 9:11you're
- 9:12not
- 9:12hitting
- 9:12plan,
- 9:14you
- 9:14know,
- 9:14bad
- 9:15plan,
- 9:15figure
- 9:15it
- 9:15out,
- 9:16go
- 9:16fix
- 9:16it.
- 9:17That's
- 9:17what
- 9:17I
- 9:17think.
- 9:18Yeah.
- 9:19And
- 9:19the
- 9:19other
- 9:19thing
- 9:19I've
- 9:20been
- 9:20thinking
- 9:20a
- 9:20lot
- 9:20about
- 9:20too,
- 9:20Sorry,
- 9:21I'm
- 9:21gonna
- 9:21go
- 9:21long
- 9:21here
- 9:21because
- 9:22I
- 9:22think
- 9:22this
- 9:22is
- 9:22a
- 9:22really
- 9:22important
- 9:23conversation.
- 9:23I
- 9:23think
- 9:24it's
- 9:24really
- 9:24important
- 9:24for
- 9:24all
- 9:24the
- 9:25executives
- 9:25out
- 9:25there
- 9:25to
- 9:25hear
- 9:25it
- 9:25too,
- 9:26is,
- 9:26you
- 9:27know,
- 9:27with
- 9:27AI,
- 9:27like
- 9:28I'm
- 9:28almost,
- 9:28I'm
- 9:29almost
- 9:29of
- 9:29the
- 9:29opinion
- 9:30that
- 9:30if
- 9:30I
- 9:30was
- 9:30leading
- 9:30a
- 9:31retail
- 9:31company,
- 9:32I
- 9:32would
- 9:32be
- 9:32going
- 9:32to
- 9:33my
- 9:33executives
- 9:33and
- 9:33saying,
- 9:34okay,
- 9:35you
- 9:35come
- 9:36back
- 9:36and
- 9:36tell
- 9:36me,
- 9:37because
- 9:38you've
- 9:38been
- 9:38around
- 9:38and
- 9:39exposed
- 9:39to
- 9:39AI
- 9:40for
- 9:40the
- 9:40last
- 9:40two
- 9:40years,
- 9:41where
- 9:41do
- 9:42you
- 9:42think
- 9:42it's
- 9:42applicable
- 9:42in
- 9:43your
- 9:43organization?
- 9:43And
- 9:44how
- 9:44much
- 9:44efficiency
- 9:45do
- 9:45you
- 9:45think
- 9:45you
- 9:46can
- 9:46get?
- 9:46And
- 9:47I
- 9:47do
- 9:47that
- 9:47for
- 9:47two
- 9:48reasons.
- 9:48One,
- 9:48because
- 9:48the
- 9:49exercise
- 9:49is
- 9:49going
- 9:49to
- 9:49be
- 9:50beneficial
- 9:50just
- 9:51in,
- 9:51in
- 9:51general
- 9:51to
- 9:52decide
- 9:52where
- 9:52and
- 9:53how
- 9:53you
- 9:53could
- 9:53strip
- 9:53things
- 9:54out.
- 9:54And
- 9:54then
- 9:55two,
- 9:55the
- 9:55other
- 9:55point
- 9:55for
- 9:56me
- 9:56as
- 9:56the
- 9:56leader,
- 9:56it
- 9:56tells
- 9:57me
- 9:57who's
- 9:58really
- 9:58equipped
- 9:58in
- 9:59having
- 9:59that
- 9:59conversation
- 10:00and
- 10:00who
- 10:00really
- 10:00understands
- 10:01what
- 10:01I
- 10:01can
- 10:02do.
- 10:02For
- 10:02me
- 10:03now
- 10:03as
- 10:03a
- 10:03CEO,
- 10:03I
- 10:04might
- 10:04need
- 10:04help
- 10:04to
- 10:04bring
- 10:04in
- 10:05to
- 10:05understand,
- 10:05engage
- 10:06that
- 10:06acumen,
- 10:07but
- 10:08that's
- 10:08the
- 10:08conversation.
- 10:09I
- 10:09don't
- 10:09know,
- 10:09what
- 10:09do
- 10:09you
- 10:10think
- 10:10of
- 10:10that
- 10:10approach,
- 10:10Jen?
- 10:10Because
- 10:11I
- 10:11think
- 10:11that
- 10:11that
- 10:12is
- 10:12something
- 10:12I
- 10:12would
- 10:12be
- 10:13thinking
- 10:13very
- 10:13hard
- 10:13about
- 10:14doing.
- 10:15100%
- 10:16we
- 10:16say
- 10:17all
- 10:17leaders
- 10:18in
- 10:18this
- 10:18industry
- 10:19are
- 10:19now
- 10:19tech
- 10:20leaders.
- 10:20I
- 10:20mean,
- 10:20we
- 10:21cannot
- 10:21have
- 10:21really
- 10:22strong
- 10:22operators
- 10:23that
- 10:23just
- 10:23like,
- 10:23oh,
- 10:24I
- 10:24don't,
- 10:24I
- 10:24don't
- 10:24dabble
- 10:25with
- 10:25that.
- 10:25It's
- 10:26just
- 10:26not,
- 10:26it's
- 10:27not
- 10:27the
- 10:27way
- 10:27you
- 10:27run
- 10:27business
- 10:27anymore.
- 10:28Right.
- 10:28So
- 10:29I
- 10:29would
- 10:29say
- 10:30100
- 10:31the
- 10:31best
- 10:31leaders
- 10:31in
- 10:32this
- 10:32industry
- 10:32and
- 10:33even
- 10:33things
- 10:33that
- 10:33our
- 10:33clients
- 10:34are
- 10:34looking
- 10:34for
- 10:34is,
- 10:35are
- 10:35they
- 10:36forward
- 10:36thinking,
- 10:36are
- 10:37they
- 10:37going
- 10:37to
- 10:37bring
- 10:37us
- 10:37tech
- 10:38solutions,
- 10:38Are
- 10:39they
- 10:39going
- 10:39to
- 10:39do
- 10:39the
- 10:40work?
- 10:40Right.
- 10:40Because
- 10:40there's
- 10:41not
- 10:41this
- 10:41one
- 10:42IT
- 10:42team
- 10:43that
- 10:43can
- 10:43assess
- 10:44every
- 10:44single
- 10:44AI
- 10:45solution
- 10:46for
- 10:46every
- 10:46single
- 10:47team.
- 10:47It's
- 10:48just
- 10:48too
- 10:48complex,
- 10:49right?
- 10:49It
- 10:49doesn't.
- 10:50And
- 10:50to
- 10:50be
- 10:50honest,
- 10:50if
- 10:51I'm
- 10:51owning
- 10:51the
- 10:51business,
- 10:52if
- 10:52I'm
- 10:52owning
- 10:53marketing,
- 10:54I
- 10:54don't
- 10:54want
- 10:54the
- 10:55IT
- 10:55team
- 10:55to
- 10:55tell
- 10:56me
- 10:56what
- 10:56I
- 10:56should
- 10:57explore.
- 10:57I
- 10:57want
- 10:57to
- 10:57go
- 10:58out
- 10:58there,
- 10:59explore
- 10:59the
- 10:59options
- 10:59and
- 11:00then
- 11:00bring
- 11:00back
- 11:00like,
- 11:00hey,
- 11:01IT
- 11:01team,
- 11:01I've
- 11:02heard
- 11:02about
- 11:02these
- 11:02three
- 11:03options
- 11:04that
- 11:04I'm
- 11:04really
- 11:05interested
- 11:05in.
- 11:05I've
- 11:06done
- 11:06these
- 11:06demos.
- 11:06I
- 11:06understand
- 11:07what
- 11:07they
- 11:07could
- 11:07do
- 11:07for
- 11:08us.
- 11:08Can
- 11:08you
- 11:08now
- 11:08explore
- 11:09Right.
- 11:09I
- 11:10think
- 11:10there's,
- 11:10I
- 11:11guess
- 11:11I
- 11:11would
- 11:11just
- 11:11say
- 11:11I
- 11:12agree
- 11:12with
- 11:12you
- 11:12100%
- 11:13and
- 11:13clients
- 11:14are
- 11:14definitely
- 11:15looking
- 11:15for
- 11:15that
- 11:15in
- 11:16leadership
- 11:16today.
- 11:16Yeah,
- 11:17yeah.
- 11:17And
- 11:17here's
- 11:18the
- 11:18goal
- 11:18that
- 11:18I'm
- 11:19putting
- 11:19to
- 11:19my
- 11:19work
- 11:20ultimately
- 11:20that
- 11:20we're
- 11:21all
- 11:21driving
- 11:21to
- 11:21and
- 11:22holding
- 11:22hands
- 11:22to
- 11:23get
- 11:23to.
- 11:23I
- 11:23think
- 11:23that's
- 11:24the
- 11:24other
- 11:24important
- 11:24thing.
- 11:25You've
- 11:25got
- 11:25to
- 11:25put
- 11:25your
- 11:25feet
- 11:26to
- 11:26the
- 11:26fire
- 11:27as
- 11:27a
- 11:27leader
- 11:27to
- 11:27say
- 11:28like
- 11:28at
- 11:28some
- 11:28point,
- 11:28like,
- 11:29here's
- 11:29what
- 11:29I'm
- 11:29going
- 11:29to
- 11:29get,
- 11:29here's
- 11:30what
- 11:30I'm
- 11:30going
- 11:30to
- 11:30get
- 11:30back
- 11:30for
- 11:30the
- 11:31organization.
- 11:31And
- 11:32it's
- 11:32going
- 11:32to
- 11:32take
- 11:32a
- 11:32lot
- 11:32of
- 11:32tough
- 11:33conversations
- 11:33as
- 11:33well
- 11:34along
- 11:34the
- 11:34way
- 11:34too.
- 11:35Both
- 11:35for.
- 11:36With
- 11:36the
- 11:36deciding
- 11:36the
- 11:37tech
- 11:37and
- 11:37ultimately
- 11:37the
- 11:38layout.
- 11:38The
- 11:39impact
- 11:39downstream
- 11:40to
- 11:40the
- 11:40workforce
- 11:41too
- 11:41over
- 11:41the
- 11:41years.
- 11:42That's
- 11:43right.
- 11:43The
- 11:43other
- 11:44thing
- 11:44I
- 11:44just
- 11:44want
- 11:44to,
- 11:44because
- 11:45I
- 11:45could
- 11:45get
- 11:45on
- 11:45a
- 11:45soapbox
- 11:46about
- 11:46this,
- 11:46I
- 11:46just
- 11:46want
- 11:47to
- 11:47share
- 11:47is
- 11:48the
- 11:48time
- 11:48is
- 11:48now
- 11:49to
- 11:49make
- 11:49sure
- 11:49you
- 11:49are
- 11:50bringing
- 11:50in
- 11:50the
- 11:51most
- 11:51strategic
- 11:52talent.
- 11:53If
- 11:53you
- 11:53have
- 11:53doers,
- 11:54and
- 11:54we
- 11:54have
- 11:54a
- 11:54lot
- 11:55of
- 11:55doers
- 11:55and
- 11:55leadership
- 11:56seats.
- 11:56It's
- 11:56just
- 11:56the
- 11:57way
- 11:57the
- 11:57industry
- 11:57has
- 11:58worked.
- 11:58Right.
- 11:59And
- 11:59they're
- 11:59probably
- 12:00fantastic
- 12:00at
- 12:01doing.
- 12:01But
- 12:02you
- 12:02can't
- 12:03run
- 12:03an
- 12:03organization
- 12:04or
- 12:04a
- 12:04successful
- 12:05team
- 12:05with
- 12:05AI
- 12:06if
- 12:06you
- 12:07are
- 12:07not
- 12:07strategic
- 12:09and
- 12:09truly
- 12:09strategic
- 12:10in
- 12:10the
- 12:10way
- 12:10you're
- 12:10going
- 12:10to
- 12:11use
- 12:11that
- 12:11AI
- 12:12because
- 12:12you
- 12:12do
- 12:12need
- 12:12to
- 12:13ask
- 12:13follow
- 12:13up
- 12:13questions.
- 12:14You
- 12:14do
- 12:14need
- 12:14to
- 12:14make
- 12:14sure
- 12:14it's
- 12:14not
- 12:15hallucinating.
- 12:15You
- 12:15do
- 12:16need
- 12:16to.
- 12:17There's
- 12:18just
- 12:18the
- 12:18way
- 12:19you
- 12:19drive
- 12:19AI.
- 12:19I
- 12:20would
- 12:20say
- 12:20matters.
- 12:21And
- 12:23if
- 12:23you
- 12:23put
- 12:23a
- 12:23C
- 12:24player
- 12:24in
- 12:24a
- 12:24seat
- 12:25with
- 12:25AI,
- 12:25you're
- 12:26going
- 12:26to
- 12:26get
- 12:27F
- 12:27results.
- 12:27That's
- 12:28my,
- 12:28that's
- 12:29my
- 12:29opinion.
- 12:29If
- 12:29you
- 12:30put
- 12:30an
- 12:30A
- 12:30player
- 12:31in
- 12:31a
- 12:31seat
- 12:31with
- 12:32the
- 12:32right
- 12:32AI,
- 12:33you're
- 12:33gonna
- 12:33get
- 12:34tremendous
- 12:35results
- 12:35and
- 12:36you're
- 12:36gonna
- 12:36see
- 12:36all
- 12:36of
- 12:36the
- 12:36benefits.
- 12:37But
- 12:37it
- 12:37doesn't
- 12:38replace
- 12:39people.
- 12:39It
- 12:39means
- 12:40your
- 12:40people
- 12:40should
- 12:40be
- 12:40more
- 12:41better,
- 12:42honestly,
- 12:42because
- 12:43you
- 12:43can
- 12:44do
- 12:44more
- 12:44with
- 12:44less
- 12:44in
- 12:45that
- 12:45way.
- 12:45Does
- 12:46that
- 12:46make
- 12:46sense?
- 12:46Yeah,
- 12:47it
- 12:47does.
- 12:47It's
- 12:47like
- 12:47we
- 12:48said
- 12:48on
- 12:48the
- 12:48show
- 12:48many
- 12:48times,
- 12:48it's
- 12:49a
- 12:49management
- 12:49tool
- 12:49first
- 12:50and
- 12:50foremost
- 12:51for
- 12:51better
- 12:51efficiency
- 12:52and
- 12:53re
- 12:53engineering
- 12:54processes
- 12:54and
- 12:54getting
- 12:55to
- 12:55places
- 12:55you
- 12:55never
- 12:56could
- 12:57as
- 12:57an
- 12:57organization
- 12:57too.
- 12:58That's
- 12:58the
- 12:58other
- 12:58inherent
- 12:59thing
- 12:59that
- 12:59I
- 12:59learned
- 12:59and
- 13:00have
- 13:00been
- 13:00thinking
- 13:00about
- 13:00ever
- 13:00since
- 13:01nrf.