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Amazon is making its employees come back to the office five days a week
(www.theverge.com)
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this post was submitted on 16 Sep 2024
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It's shocking how many people have honestly bought this. I mean, I'm sure there is some truth to it and maybe somewhere, someone forced people to come back because of some real estate interests... But the CEO of Amazon almost certainly gains to benefit much more from a rise in price of Amazon stock than any real estate they might own. And even if it was the case, I dont think the board would be very happy about it.
It might be the wrong move, and maybe it is being done to get people to quit, but it's being done because they think it means more money from Amazon.
I think they are mostly doing this as a stealth layoff. It's been a pretty popular strategy lately.
The joke is, you get the good people to leave first this way. Be it estate or layoff, it's a bad move either way.
So why do they do it still? Only thing i can think of is the powerplay. CEO types are sometimes as developed as a child, mentally.
Also Andy Jassey does not look like he is able to effectively groom himself, so that tracks.