Amazon CEO asks employees to return to office
Amazon CEO Andy Jassy has sent an email to shareholders and revealed a few details about how the e-commerce company plans to grow its business. In his letter, which is available on the official website of Amazon, Jassy said that invention happens when employees work in person and that working from home is not the best approach if one wants to achieve the best results.
“We don’t think it’s the best long-term approach. We’ve become convinced that collaborating and inventing is easier and more effective when we’re working together and learning from one another in person. The energy and riffing on one another’s ideas happen more freely, and many of the best Amazon inventions have had their breakthrough moments from people staying behind after a meeting and working through ideas on a whiteboard, or continuing the conversation on the walk back from a meeting, or just popping by a teammate’s office later that day with another thought.
The executive has mentioned that Amazon has asked its employees to come back to the office at least three days a week. People are required to return to the office starting in May, which is next month. It is worth noting that other tech companies like Apple also have the same work policy for their employees, as per reports. Jassy strongly believes that people learn and deliver better output when they work from office. This is something that Meta’s CEO Mark Zuckerberg also said. In a recent layoff announcement letter to Meta employees, he asserted that the engineers who work in person ‘get more done.’ The claim was based on the internal research conducted by the
“Invention is often messy. It wanders and meanders and marinates. Serendipitous interactions help it, and there are more of those in-person than virtually. It’s also significantly easier to learn, model, practice, and strengthen our culture when we’re in the office together most of the time and surrounded by our colleagues,” Jassy said.
He also admitted that some of the cost-cutting measures that Amazon took recently are hard, but the decision will pay off well for the company. So far, the e-commerce giant has fired as many as 27,000 employees to save costs. It has also shut down some businesses to streamline costs and focus more on what will contribute to the company’s growth.
He revealed that Amazon took a “deep look across the company, business by business,” to analyse if “each initiative’s long-term potential (will) drive enough revenue, operating income, free cash flow, and return on invested capital.” Fortune
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