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☆ Amazon tells employees to return to office five days a week
  + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com   time to read: +12 min
Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday. The decision marks a significant shift from Amazon's earlier return-to-work stance, which required corporate workers to be in the office at least three days a week. Amazon's headcount totaled 1.53 million employees in the second quarter, representing growth of just 5% from a year earlier. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.
Persons: Andy Jassy, they've, Jassy, didn't, Amazon's headcount, it's, we're, I've, we've, It's, Andy Organizations: Amazon, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe
☆ Amazon employees push CEO Andy Jassy to drop return-to-office mandate
  + stars: | 2023-02-21 | by ( Annie Palmer | ) www.cnbc.com   time to read: +4 min
A group of Amazon employees is urging CEO Andy Jassy to reconsider a recent return-to-office mandate. Last week, Jassy announced Amazon would require corporate staffers to spent at least three days a week in the office beginning May 1. Staffers on Friday created a Slack channel to advocate for remote work and share their concerns about the new return to work policy, according to screenshots viewed by CNBC. Amazon hasn't addressed whether remote employees will be asked to relocate, beyond Jassy noting that there will be "a small minority" of exceptions to the new policy. WATCH: Andy Jassy on the benefits of remote work
☆ Amazon's drone delivery unit hit with layoffs just as 10-year-old project finally launches
  + stars: | 2023-01-20 | by ( Annie Palmer | ) www.cnbc.com   time to read: +12 min
Two employees said Carbon, who replaced Prime Air co-founder Gur Kimchi, was hired to turn Prime Air into a real business with a sensible budget. Sources with knowledge of Prime Air said cuts in the drone delivery business were expected considering the division's many struggles. Monica Williams, a College Station resident, poses with a Prime Air drone at a community event in July. College Station residents also expressed concern about the prospect of drones harming the deer, foxes and birds that are native to the area. "As we continue to expand, we will update you when drone delivery is available for your household."
☆ It's too early to share Wall Street's renewed optimism for mega-cap tech stocks
  + stars: | 2023-01-06 | by ( Zev Fima | ) www.cnbc.com   time to read: +9 min
Some Wall Street analysts are starting to like Big Tech again, following the sector's beatdown in 2022. What Wall Street is saying Piper Sandler called out Club stocks Alphabet (GOOGL) and Amazon (AMZN) as top buys. As a result, Snapchat (SNAP) and Club name Meta Platforms (META) can now only track your activity outside of their own apps if you allow it. Piper analysts note that year-over-year comps for Amazon will be easier in 2023 than they were last year. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
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