Amazon to Lay Off 14,000 Employees: How Managers and Employees Can Align with Amazon’s New ‘World’s Biggest Startup’ Approach

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Amazon CEO Andy Jassy announced plans to cut 14,000 manager positions to boost efficiency, saving up to $3 billion annually. This restructuring aims to reduce bureaucracy, empower employees, and increase the reportee-to-manager ratio by 15% by 2025. To align with Amazon’s “world’s largest startup” vision, managers and employees must focus on agility, ownership, collaboration, and innovation.

See also  "CBS Evening News" headlines for Tuesday, Oct. 29, 2024

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