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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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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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