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Amazon's return-to-office mandate is a move to cut head count, says Stanford economist Nicholas Bloom. Bloom told BI the policy may harm areas like AI, where recruiting top talent is challenging.
Spotify's HR chief told Raconteur that the company will maintain its work-from-anywhere policy. Spotify saw a 15% lower attrition rate and increased workplace diversity in 2022 after implementing ...
Amazon is shutting the door on remote work. In a memo to employees on Monday, CEO Andy Jassy said the company would require corporate workers to be in the office five days a week starting in January.
[41] [42] In January 2023, Amazon cut over 18,000 jobs, primarily in consumer retail and its human resources division in an attempt to cut costs. [43] On November 8, 2023, a plan was adopted for Jeff Bezos to sell approximately 50 million shares of the company over the next year (the deadline for the entire sales plan is January 31, 2025). The ...
1. Amazon. Amazon, a company that now employs more than 1 million people worldwide, said in October that it would allow its employees to work remotely at least some of the time.
Remote workers may feel pressure to produce more output in order to be seen as valuable, and reduce the idea that they are doing less work than others. This pressure to produce output, as well as a lack of social support from limited coworker relationships and feelings of isolation, leads to lower job engagement in remote workers. [100]
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