Amazon Inc. (NASDAQ:AMZN) CEO Andy Jassy has expressed his disdain for bureaucracy and announced plans to reduce managerial layers within the company
What Happened: In a company-wide meeting on Tuesday, Jassy outlined the company’s decision to cut down on the number of managers.
The move was aimed at speeding up decision-making processes and preserving Amazon’s unique culture, which Jassy believes is being stifled by excessive management layers, reported Business Insider, citing a recording of the meeting.
“The goal again is to allow us to have higher ownership and to move more quickly,” Jassy stated during the meeting.
Amazon announced in September that it plans to increase the ratio of individual workers ...