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Amazon CEO doesn’t plan on asking staff to go back to the office

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Andy Jassy has said Amazon isn’t rushing employees back to the office anytime soon

Amazon CEO, Andy Jassy, has said that there currently aren’t any plans to force staff back to the office after the pandemic forced us to work from home.

At the Code Confernce in Los Angeles, Jassy said “We don’t have a plan to require people to come back, but we’re going to proceed adaptively as we learn.”

It comes as the online retail giant announced last year that they would leave it up to individual managers and teams to decide how much time they spend in the office.

At the time Jassy said “there is no one-size-fits all approach for how every team works best.”

It’s a far cry from the return-to-office strategies other tech companies have adopted, with Apple already mandating a set number of days in the office.

However Jassy still describes their approach as a “work in progress,” suggesting this choose-your-own schedule may not last forever.

It follows a recent survey done by business consulting firm, Gartner. It says 69 per cent of mid to large sized employers say they still require employees to come into the office some days, despite it being possible for the job to be done from home.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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