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

The Straits Times LogoThe Straits Times5h ago

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

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:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 07:32:00 (5 hours 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

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 17 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

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It's most recent story was published 1 hours ago.

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  • News ID: #23438962
  • URL: https://beamstart.com/news/amazon-ceo-denies-that-5-17308517762544

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