Individual Contributor, a euphemism for "non-management"? copilot is usually pretty good with deciphering contextual acronyms. Why "IC" instead of "NM"?
No, frugality has been an Amazon "value" from the beginning. Look up the story of Jeff Bezos famously using an old door for a desk. Or all the execs complaining about having to share a hotel room during business trips for the first couple of decades of Amazon's existence.
The word you're looking for is "frugality." This is a tail use case that isn't cheap to run.
https://www.aboutamazon.com/about-us/leadership-principles