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In all-hands meeting, Amazon CEO says RTO mandate not a 'backdoor layoff'
Amazon CEO Andy Jassy denied that the company's return-to-office policy is a 'backdoor layoff,' amidst rumors of quiet firing strategies.
Amazon CEO denies full in-office mandate is 'backdoor layoff'
Amazon CEO Andy Jassy said at an all-hands meeting on Tuesday that the plan to require employees to be in-office five days per week is not meant to force attrition or satisfy city leaders, as many employees have suggested.
Amazon’s CEO Just Defended Its RTO Mandate Again. Employees Still Aren’t Happy
Andy Jassy argues that the company’s new rule slashing remote and hybrid work is a good thing. He's said it's all about workplace culture, but many workers say his words ring hollow.
Amazon’s CEO defends return-to-office policy
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.
Amazon employees challenge 5-day-a-week office return
In a letter sent to Amazon Web Services CEO Matt Garman last Wednesday, 523 employees protested the upcoming return-to-office mandate and urged Amazon executives to restore the flexibility of remote work.
3d
Amazon Web Services Plans To Go Water Positive by 2030: This Is How
As demand for water surges to cool down data centers and power AI, Amazon Web Services aims to give back more water to ...
54m
Amazon Weighs New Multi-Billion Dollar Investment in Anthropic: Report
In a related move,
Amazon
Web
Services
(AWS), the world's largest cloud computing provider, has announced plans to ...
10h
Amazon reportedly mulls another multibillion-dollar investment in Anthropic – but with an added twist
Amazon is reportedly mulling another multibillion-dollar investment in Anthropic, but with an added twist - SiliconANGLE ...
19h
Nutanix expands partnership with Amazon Web Services
Nutanix (NTNX) announced an expanded strategic collaboration with Amazon (AMZN) Web Services to accelerate cloud migration and provide options ...
The Motley Fool on MSN
3d
Should Nvidia Investors Worry About Amazon's and Microsoft's Latest Updates?
Nvidia investors could still have something to worry about. Recent comments made by two of Nvidia's biggest customers could ...
Bloomberg on MSN
1d
Amazon hits record after strong results accelerate year’s rally
Recent strength came after
Amazon
reported strong quarterly results, with particular momentum in its
Amazon
Web
...
6d
on MSN
Amazon’s $110 billion cloud business is minting profits even amid the expensive gen AI arms race—but for how long?
CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...
7d
Amazon's cloud unit records highest profit margin in at least a decade
Revenue growth at Amazon Web Services has accelerated year-over-year for five quarters in a row. The unit recorded its ...
2d
Buy, Sell, Or Hold Amazon Stock?
Amazon stock is increasingly seen as a reasonable value. While the company has historically traded at negative or triple-digit price-to-earnings ratios, its valuation metrics are improving. The ...
Seeking Alpha on MSN
2d
Amazon remains committed to nuclear energy deal with Talen
Amazon
.com (NASDAQ:AMZN) has said it will continue to back a deal for an
Amazon
Web
Services
data center in ...
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