Amazon has announced a shift in its return-to-office policy, requiring corporate employees to be in the office five days a week starting in January. This replaces the previous three-day requirement and will apply to all staff. CEO Andy Jassy outlined plans to streamline Amazon’s corporate structure by reducing management layers and increasing the ratio of individual contributors to managers by 15% by the first quarter of 2025. Amazon shares showed a slight dip in afternoon trading following the announcement.
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00:00It's Benzinga and here's what's on the block.
00:03Amazon has announced a shift to its return to office policy, requiring corporate employees
00:07to be in the office five days a week starting in January.
00:11This replaces the previous three-day requirement and will apply to all staff.
00:15CEO Andy Jassy outlined plans to streamline Amazon's corporate structure by reducing management
00:20layers and increasing the ratio of individual contributors to managers by 15 percent by
00:24the first quarter of 2025.
00:27Amazon shares showed a slight dip in afternoon trading following the announcement.
00:30For all things money, visit Benzinga.com.