Money

Amazon CEO Andy Jassy’s warning to remote workers

Published

2 years ago

August 29, 2023

Amazon CEO Andy Jassy has issued a stern warning to employees who are resisting the company’s return-to-office mandate, stating that “it’s probably not going to work out for you.”

Jassy made these comments during a recent meeting, expressing frustration that some employees were not taking the return-to-office directive seriously.

The meeting, known internally as a “fishbowl” meeting, did not provide specific data that motivated Jassy’s decision to require employees to return to the office. Instead, he referred to it as a “judgment” call. Jassy further indicated that employees who disagreed with this decision were welcome to seek employment elsewhere.

“It’s past the time to disagree and commit,” Jassy emphasized. “And if you can’t disagree and commit, I also understand that, but it’s probably not going to work out for you at Amazon because we are going back to the office at least three days a week.”

Return to office

Jassy stated that he had spoken to numerous other CEOs, and the majority of them favored having their employees return to the office.

Last month, Amazon confirmed that it was requiring some corporate workers to relocate to different cities as part of its return-to-office policy. Employees who refused to relocate near the main offices of their teams were given the option to find a new job within the company or leave through a “voluntary resignation” process.

The return-to-office policy took effect on May 1, requiring corporate employees to work in the office for at least three days per week.

This decision was met with resistance earlier in the year when around 30,000 workers signed a petition urging Jassy to cancel the directive. Jassy justified the decision by stating that Amazon had observed increased employee engagement and improved collaboration in person during the pandemic.

Amazon, with more than 1.5 million employees worldwide, previously announced layoffs of 27,000 workers as part of cost-cutting measures.

Money

Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

Published

10 hours ago

February 9, 2026

Harvey Vargas

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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Money

U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

Published

3 days ago

February 6, 2026

Harvey Vargas

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights

Money

Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

Published

3 days ago

February 6, 2026

Harvey Vargas

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker