Amazon CEO denies that 5-day office mandate is 'backdoor layoff'

Quick Summary:

Employees who are consistently not in compliance have been told they will be "voluntarily resigning”.

Amazon last month reported a record US$15.3 billion (S$20.1 billion) profit for its third quarter and said it expected a strong holiday quarter.

Amazon CEO Andy Jassy denied speculation that the mandate was made to further reduce headcount or appease city officials.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Mandate Amazon Company Jassy In-office “i Employees Month City Andy Made

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 07:32:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 549 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23438962

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 18 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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Publisher ID: #25

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