Amazon's work culture is changing under CEO Andy Jassy, who emphasizes the need to operate like a startup and is scaling back remote work while cutting bureaucracy. The company plans to invest in artificial intelligence to keep pace with technology, with expectations of reduced corporate workforce due to efficiency gains. Amazon is also implementing a new performance evaluation system based on 16 leadership principles, raising the expectations for its employees to enhance productivity.
"As we roll out more Generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs."
In his annual letter to shareholders, Andy Jassy stressed that Amazon needs to 'operate like the world's largest startup' as it navigates 'fiercely competitive market segments.'
Amazon has made a major tweak to how it reviews the performance of its corporate employees, raising the bar on expectations with a new three-tiered evaluation system.
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