Connect with us

Hi, what are you looking for?

Smart Income LibrarySmart Income Library

Tech News

Amazon’s CEO defends return-to-office policy

An image showing Amazon CEO Andy Jassy on a colorful background
Illustration by Laura Normand / The Verge

Amazon CEO Andy Jassy is pushing back on claims that his return-to-office mandate was a “backdoor layoff.” In a transcript of an all-hands staff meeting seen by Reuters and CNBC, Jassy said the move “is very much about our culture and strengthening our culture.”

In September, Amazon announced that it would start making employees return to the office five days per week starting January 2nd, 2025. The e-commerce giant previously required employees to work in the office three days per week. Some speculated that the five-day-per-week mandate is a “layoff in disguise,” intended to push out employees who couldn’t or wouldn’t make the full return.

“A number of people I’ve seen theorized that the reason we were doing this is, it’s a backdoor…

Continue reading…

You May Also Like

Editor's Pick

Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch...

Tech News

Klipsch’s Flexus Core 300 soundbar will leverage Dirac’s room correction calibration tools. | Image: Klipsch Klipsch has announced its new Flexus Core 300 soundbar,...

Editor's Pick

So the first Fed rate cut is behind us, and we are no longer in a “higher for longer” period, but in a new...

Politics

In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...