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But for two key reasons, these kinds of public proclamations don’t signal a broader demise of remote work benefits. Flex work options are too popular to ditchWhile an individual company may decide to backtrack on its remote work policies, the numbers suggest that’s not happening widely. Workplace consulting firm Gallup found in May that among full-time employees in remote-capable jobs, 53% work a hybrid schedule, 27% work exclusively remotely and 21% work on site. As of August 31, job postings on Indeed.com that specify hybrid and remote work have dipped a half percentage point year over year. It also found that HR leaders say hybrid work models help attract and retain talent.
Persons: Jamie Dimon, Andy Jassy’s, Jassy, , ’ ”, Chris Williams, , ” Williams, Gallup, Nick Bunker, it’s, Williams Organizations: CNN, JPMorgan Chase, Microsoft, Board Locations: , Seattle
Amazon Needs to Become a Slower-Growth Wonder
  + stars: | 2023-01-05 | by ( Dan Gallagher | ) www.wsj.com   time to read: 1 min
Amazon’s share price peaked during CEO Andy Jassy’s first week on the job in July of 2021 and fell 50% in 2022. Andy Jassy ‘s first full year running Amazon has been one for the books—and not in a good way. A macroeconomic slowdown coming just as Amazon has been trying to absorb a major expansion of its fulfillment capacity has proved especially unfortunate for the e-commerce company. When it reports full results for 2022 later this month, Amazon is expected to show its first-ever year of percentage revenue growth in the single digits, while operating margins have fallen by more than half from the previous year.
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