Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Syntheia Announces Closing of Shares for Debt Transaction
Locksley Resources LimitedDrill Program Operations Commence at El...
Altech Batteries LtdDesign Completed for UPS Battery System
Land purchased for Collie plant development
BHP and Anglo American Officially End Merger Talks
Altech – Design Completed for UPS Battery System
Drill Program Operations Commence at El Campo
Oversubscribed Share Purchase Plan Raises $1.5 Million
Crypto Market Update: Altcoin Prices Rise as New...
Crypto Market Update: Strategy Defends Balance Sheet Strength...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Business

Amazon workers must return to office full time, CEO says

by admin September 18, 2024
September 18, 2024
Amazon workers must return to office full time, CEO says

Amazon is requiring its workers to return to the office full time.

In a note published Monday by the e-commerce giant, Amazon CEO Andy Jassy, who took over from founder Jeff Bezos in 2020, said the move to end the company’s hybrid model was designed toward ‘being better set up to invent, collaborate, and be connected enough to each other and our culture to deliver the absolute best for customers and the business.’

He noted that the company’s three-day-a-week policy, instituted in 2023, had only reinforced the view that a full return was necessary.

‘When we look back over the last five years, we continue to believe that the advantages of being together in the office are significant,’ Jassy said.

The change will take effect starting in January 2025. The company will still respect extenuating circumstances, like caring for a sick child, and pre-approved work-from-home or hybrid arrangements.

Amazon joins a growing list of major U.S. firms returning to a five-days-a-week office policy, including Boeing, JP Morgan Chase and UPS.

However, according to data from FlexIndex, a firm that tracks company office policies, a majority of U.S. firms still offer hybrid arrangements.

The data does show bigger companies leading the way in pushing for more in-office full-time policies.

But notably, Jassy said he wants Amazon to operate as if it were ‘the world’s largest startup’ — a sentiment Bezos, Amazon’s founder, often stressed.

“That means having a passion for constantly inventing for customers,’ Jassy said, ‘strong urgency (for most big opportunities, it’s a race!), high ownership, fast decision-making, scrappiness and frugality, deeply-connected collaboration (you need to be joined at the hip with your teammates when inventing and solving hard problems), and a shared commitment to each other.”

Jassy also announced a move to reduce ‘bureaucracy’ within the firm, hinting at unintended consequences from Amazon’s aggressive hiring following pandemic reopenings — and possibly opening the door for layoffs. Jassy asked employee units to ‘increase the ratio of individual contributors to managers’ by at least 15% by the end of Q1 2025.

‘As we have grown our teams as quickly and substantially as we have the last many years, we have understandably added a lot of managers,’ Jassy said. ‘In that process, we have also added more layers than we had before. It’s created artifacts that we’d like to change.’

An Amazon spokesperson did not respond to a follow-up request for comment.

This post appeared first on NBC NEWS

previous post
Harris campaign elevates independent super PACs, others before final push
next post
PlayDoge Game – Get The Latest News and much more

You may also like

Dollar General CEO warns consumers are cash-strapped and...

March 15, 2025

Boeing delivered 30 airplanes in December, but gap...

January 15, 2025

Pfizer CEO says tariff uncertainty is deterring further...

May 3, 2025

FTC chair hopes Amazon, Facebook won’t get ‘sweetheart...

January 9, 2025

All Quiksilver, Billabong and Volcom stores to close...

February 7, 2025

Big Lots initiates going-out-of-business sales at remaining locations

December 21, 2024

Starbucks barista strike expands as workers demand pay...

December 27, 2024

First the token, now the swipe: NYC’s subway...

March 20, 2025

Vanguard fined more than $100 million by SEC...

January 18, 2025

UnitedHealth says it is facing DOJ investigation over...

July 25, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Syntheia Announces Closing of Shares for Debt Transaction

      November 27, 2025
    • Locksley Resources LimitedDrill Program Operations Commence at El Campo

      November 27, 2025
    • Altech Batteries LtdDesign Completed for UPS Battery System

      November 27, 2025
    • Land purchased for Collie plant development

      November 27, 2025
    • BHP and Anglo American Officially End Merger Talks

      November 27, 2025
    Promotion Image

    banner ads

    Categories

    • Business (908)
    • Economy (829)
    • Investing (3,343)
    • Politics (737)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smarttradeinsights.com | All Rights Reserved