Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Amazon CEO refutes layoffs in office return policy

Amazon CEO Andy Jassy has refuted claims that the company’s return-to-office policy aims to cut the workforce, stating it is meant to strengthen the company’s culture.

In September, Amazon announced that employees would return to a five-day office schedule starting January 2, 2025, after previously requiring three days a week in the office.

Some had speculated that this change might lead to layoffs.

Recent Amazon developments

Timeline
04-Nov-2024 📈 Amazon reports 11% revenue jump, cloud and ads fuel growth
  • Amazon shares rose 6% after earnings report
  • Quarterly revenue increased 11% to $158.9 billion
01-Nov-2024 🤖 Amazon’s Alexa to become smarter with AI by 2025
  • Amazon reworks Alexa with generative AI
  • Upgraded Alexa may launch in 2025 with fees
01-Nov-2024 📈 Amazon beats Q3 profit estimates, retail sales up 7%
  • Amazon reports higher Q3 profit and sales
  • Shares up 5.7% on positive after-hours trading
23-Oct-2024 📦 Amazon to end ‘Amazon Today’ delivery amid cost cuts
  • Amazon to end same-day delivery by Dec 2
  • Job cuts included as part of cost-cutting measures
18-Sep-2024 📈 Amazon appoints new India head
  • Amazon appoints Samir Kumar as India head.
  • Local rivals Flipkart, Meesho surpass Amazon’s user base.
11-Jan-2024 📉 Amazon to slash hundreds of jobs at Prime Video, Studios

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.