Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Business

Amazon workers must return to office full time, CEO says

by September 17, 2024
September 17, 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
0
FacebookTwitterGoogle +Pinterest
previous post
Israel expands war objectives, eyeing northern front as tensions with Hezbollah continue unabated
next post
Obama makes TikTok appearances to push for voter registration: report

You may also like

McDonald’s revenue disappoints, as U.S. sales see worst...

February 11, 2025

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

August 14, 2024

Donatella Versace steps down as head of Italian...

March 13, 2025

Disney to combine its Hulu+ Live TV with...

January 6, 2025

Clean energy stocks fall as Trump bill would...

July 1, 2025

Starbucks announces several changes, including plans to cut...

January 30, 2025

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

January 14, 2025

As retailers drop DEI programs, Black founders could...

February 14, 2025

As Apple enters AI race, iPhone maker turns...

October 7, 2024

Giorgio Armani group names longtime executive Giuseppe Marsocci...

October 17, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • GOP lawmaker accuses Jack Smith of ‘spying’ on Congress at tense House hearing over Trump probe

      January 22, 2026
    • Jack Smith says Trump ‘willfully’ broke the law, blasts DOJ ‘retribution’ in second term

      January 22, 2026
    • White House explains bruise on Trump’s hand

      January 22, 2026
    • Convicted Minnesota fraudster alleges Walz, Ellison were aware of widespread fraud

      January 22, 2026
    • Countries that signed Trump’s Gaza Board of Peace charter

      January 22, 2026
    • Trump admin stops funding for research that involves aborted baby tissue

      January 22, 2026

    Categories

    • Business (841)
    • Investing (661)
    • Politics (7,167)
    • World News (3,213)

    Disclaimer: WhaleLargeCapital.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 © 2026 whalelargecapital.com | All Rights Reserved