Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Kingsmen Drills a New Discovery of High Grade...
Rising US-Venezuela Tensions, CPC Shutdown Push Oil Prices...
UPDATE — The Efficiency Gap: Five Assets Where...
Copper Price 2025 Year-End Review
Edward Sterck: Platinum in “Deep Deficit” Again, Will...
Gold Price Forecast: Top Trends for Gold in...
Sankamap Updates Status on Late Filing of Financial...
Crypto Market Update: Strategy Faces MSCI Index Removal,...
Apple’s AI chief abruptly steps down
Starbucks to pay about $35M to NYC workers...
  • 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
In federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era
next post
PlayDoge Game – Get The Latest News and much more

You may also like

Google launches first AI-powered Android update and new...

August 15, 2024

Trump not expected to carry through on Day...

January 22, 2025

Credit card startup Imprint beats big banks for...

July 24, 2025

Lowe’s becomes latest company to dial back DEI...

August 29, 2024

Nvidia’s CEO did a Q&A with analysts. What...

March 25, 2025

DOJ sues Walgreens, alleging it ‘knowingly’ filled millions...

January 20, 2025

Tokyo government to introduce four-day workweek for its...

December 11, 2024

October monthly job cuts surged to a 22-year...

November 7, 2025

How a $5 million fix turned Paramount Pictures’...

March 5, 2025

IMAX CEO expects $1.2 billion in box office...

February 23, 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

    • Kingsmen Drills a New Discovery of High Grade Silver and Gold Mineralization (931 g/t Silver Equivalent with 1.28 g/t Gold over 1.60 Meters (156.4-158.0m))

      December 4, 2025
    • Rising US-Venezuela Tensions, CPC Shutdown Push Oil Prices Higher

      December 4, 2025
    • UPDATE — The Efficiency Gap: Five Assets Where Price Has Yet To Reflect Reality

      December 4, 2025
    • Copper Price 2025 Year-End Review

      December 4, 2025
    • Edward Sterck: Platinum in “Deep Deficit” Again, Will Price Keep Rising in 2026?

      December 4, 2025
    Promotion Image

    banner ads

    Categories

    • Business (915)
    • Economy (829)
    • Investing (3,394)
    • 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