Amazon.com Says Continuing To Make Progress On Cost Structure & Operating Margins; Asking Each S-Team Org To Increase Ratio Of Individual Contributors To Managers By At Least 15% By End Of Q1 2025
Portfolio Pulse from Benzinga Newsdesk
Amazon.com is focusing on improving its cost structure and operating margins by asking its S-Team organizations to increase the ratio of individual contributors to managers by at least 15% by the end of Q1 2025.
September 16, 2024 | 5:32 pm
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Amazon is working on improving its cost structure and operating margins by adjusting its workforce composition, aiming for a 15% increase in individual contributors relative to managers by Q1 2025.
Amazon's initiative to increase the ratio of individual contributors to managers is likely to improve efficiency and reduce costs, positively impacting operating margins. This strategic move is expected to enhance investor confidence in Amazon's ability to manage costs effectively.
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