![]() Responding to requests for comments, Amazon directed Fortune to the post, and a representative said they had “nothing more to add” at the time. Jassy was quoted trying to rally the remaining employees, saying that they will “redefine” the company in a transformation likely to be “misunderstood” by the market. And like much of Big Tech, Amazon also announced big layoffs, cutting 18,000 jobs. But we’re going to proceed adaptively as we learn.” Still, at the talk, he hinted that his preference was for in-person work, adding that inventing is more difficult in a remote space.Īmazon has had a rough couple of quarters: After a weak Q3 earnings report, the company’s value dropped below $1 trillion in November for the first time since early 2020. “We don’t have a plan to require people to come back,” Jassy said at the Code Conference in Los Angeles. Founder Jeff Bezos will leave the companys top role, and longtime Amazon executive Andy Jassy will take over as CEO. Just last September, Jassy had a different stance on remote work. On Tuesday, the tech giant announced a transition in leadership. Jassy acknowledged that this will take some time to figure out, as Amazon’s work-from-home policy was previously left to team leaders to decide. “When you’re in-person, people tend to be more engaged, observant, and attuned to what’s happening in the meetings and the cultural clues being communicated,” he said, explaining that people can ask ad hoc questions more frequently and understand how people are processing information. Being in the office will also give new hires the opportunity to learn and be mentored, he added. ![]() That begins with boosting employee performance, Jassy wrote, adding that he believes learning from others, mentoring, and experiencing culture is easiest when Amazonians are in the office with their peers. Jassy took over the CEO job, succeeding founder Jeff Bezos, in July 2021.In the memo, Jassy explained that working remotely, hybrid, and in person for almost three years has led the company to decide “we should go back to being in the office together the majority of the time (at least three days per week).”Įxplaining that the call was made during a senior leadership team (the s-team) meeting earlier this week, he added that the decision boiled down to the executives prioritizing “what would best enable” Amazon to make customers’ “lives better and easier every day, and relentlessly invent to do so.” Jassy, who joined Amazon in 1997, was formerly CEO of the tech company’s fast-growing AWS cloud services division. Will running a 1.75 trillion companyin the midst of a. Jeff Bezos’s handpicked successor wants the world to know he is humble and understated. His first challenge is an antitrust campaign that threatens the empire he will oversee. However, because one of our teammates leaked this information externally, we decided it was better to share this news earlier so you can hear the details directly from me.”Īmazon plans to communicate with employees who will be affected by the latest round of layoffs starting on Jan. Andy Jassy, Amazon’s New CEO, Enters the Ring. Andy Jassy is about to take over an e-commerce colossus that employs 1.3 million people. In an apparent reference to the Journal report, Jassy wrote, “We typically wait to communicate about these outcomes until we can speak with the people who are directly impacted. Jassy’s memo to Amazon employees Wednesday about the job cuts came after the Wall Street Journal reported earlier in the day that the company planned to pink-slip “more than 17,000” employees. Speaking in late November at the Times’ DealBook conference, Jassy said the cuts were necessary because the economy was “more uncertain” than Amazon execs previously expected: “We just felt like we needed to streamline our costs,” he said. He also told employees that there would be “more role reductions” going into 2023 “as leaders continue to make adjustments.” At the time, the New York Times reported that Amazon was cutting about 10,000 jobs. In November, Jassy announced that Amazon was cutting jobs across its Devices and Books businesses, and also said the company was making voluntary buyout offers for some employees in the PXT group. ![]() The roughly 18,000 job cuts, which includes layoffs Amazon made last fall, represent about 1.2% of the 1.544 million full- and part-time workers the company reported as of Sept.
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