Amazon CEO Andy Jassy denies that 5-day office mandate is a 'backdoor layoff'
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Amazon CEO Andy Jassy clarified that the company's new 5-day in-office mandate is not intended as a 'backdoor layoff.' This policy will take effect in January, requiring employees to work full-time from the office.
November 05, 2024 | 10:45 pm
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Amazon's new 5-day in-office mandate is clarified by CEO Andy Jassy as not being a 'backdoor layoff.' This policy will be implemented in January.
The clarification by CEO Andy Jassy aims to reassure employees and investors that the new office mandate is not a strategy to reduce workforce. This may stabilize any concerns about potential layoffs, but it does not directly impact Amazon's financial performance or stock price in the short term.
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