• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Amazon workers must return to office full time, CEO says

by September 17, 2024
written by September 17, 2024

Amazon is requiring its workers to return to the office full time.

In a note published Monday by the e-commerce giant, Amazon CEO Andy Jassy, who took over from founder Jeff Bezos in 2020, said the move to end the company’s hybrid model was designed toward ‘being better set up to invent, collaborate, and be connected enough to each other and our culture to deliver the absolute best for customers and the business.’

He noted that the company’s three-day-a-week policy, instituted in 2023, had only reinforced the view that a full return was necessary.

‘When we look back over the last five years, we continue to believe that the advantages of being together in the office are significant,’ Jassy said.

The change will take effect starting in January 2025. The company will still respect extenuating circumstances, like caring for a sick child, and pre-approved work-from-home or hybrid arrangements.

Amazon joins a growing list of major U.S. firms returning to a five-days-a-week office policy, including Boeing, JP Morgan Chase and UPS.

However, according to data from FlexIndex, a firm that tracks company office policies, a majority of U.S. firms still offer hybrid arrangements.

The data does show bigger companies leading the way in pushing for more in-office full-time policies.

But notably, Jassy said he wants Amazon to operate as if it were ‘the world’s largest startup’ — a sentiment Bezos, Amazon’s founder, often stressed.

“That means having a passion for constantly inventing for customers,’ Jassy said, ‘strong urgency (for most big opportunities, it’s a race!), high ownership, fast decision-making, scrappiness and frugality, deeply-connected collaboration (you need to be joined at the hip with your teammates when inventing and solving hard problems), and a shared commitment to each other.”

Jassy also announced a move to reduce ‘bureaucracy’ within the firm, hinting at unintended consequences from Amazon’s aggressive hiring following pandemic reopenings — and possibly opening the door for layoffs. Jassy asked employee units to ‘increase the ratio of individual contributors to managers’ by at least 15% by the end of Q1 2025.

‘As we have grown our teams as quickly and substantially as we have the last many years, we have understandably added a lot of managers,’ Jassy said. ‘In that process, we have also added more layers than we had before. It’s created artifacts that we’d like to change.’

An Amazon spokesperson did not respond to a follow-up request for comment.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
China exerts new restrictions on exports of minerals critical to US weapons making
next post
Obama makes TikTok appearances to push for voter registration: report

related articles

Republican leaders announce two-track plan to end the...

April 3, 2026

Hershey to resume using chocolate in most products;...

April 2, 2026

Stocks have their worst quarter since 2022, raising...

April 2, 2026

A global jet fuel shortage is raising the...

April 2, 2026

Average U.S. gas price hits $4 for the...

April 2, 2026

The world economy is experiencing the most severe...

April 1, 2026

U.S. crude tops $100 and the S&P 500...

April 1, 2026

Trump says his ‘preference’ would be to ‘take...

April 1, 2026

Body found in Colombia amid search for missing...

March 31, 2026

When will TSA lines go back to normal?...

March 31, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Rubio holding secret talks with Raul Castro’s grandson over Cuba’s future: report

    February 19, 2026
  • India launches strikes on terrorist camps in Pakistan

    May 6, 2025
  • SCOTUS to hear straight woman’s discrimination case that could reshape employment law

    February 26, 2025
  • Apprentice alum joins Women for Trump, speaks out against ‘sad’ Harris-supporting contestants

    November 1, 2024
  • Senate Democrats eye exit from record-breaking shutdown as pressure intensifies

    November 5, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,466)
  • Investing (1,568)
  • Stock (1,012)

Latest Posts

  • MIKE DAVIS: Reagan-appointed judge driven from bench by TDS is a wolf in wolf’s clothing

    November 15, 2025
  • Since taking office, what are the legal challenges launched against the Trump admin?

    January 31, 2025
  • Why Tesla stock is outperforming the broader market today

    March 24, 2026

Recent Posts

  • Mamdani’s rise, ‘vile hatred’ of US Jews the focus of ‘critical’ closed-door congressional huddle

    July 29, 2025
  • USDA documented insects and slime at Boar’s Head plants, records show

    January 15, 2025
  • The dollar index manages to stay above 105.00 for now

    July 10, 2024

Editor’s Pick

  • Trump touts Kim Jong Un relationship amid South Korea summit

    August 25, 2025
  • Retailers saw a dismal fall quarter. The election seems to be turning things around.

    November 27, 2024
  • 5 key takeaways of Biden’s address to the nation from the Oval Office

    July 25, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock