00:00It's Benzinga and here's what's on the block.
00:03Amazon has announced a shift to its return to office policy, requiring corporate employees
00:07to be in the office five days a week starting in January.
00:11This replaces the previous three-day requirement and will apply to all staff.
00:15CEO Andy Jassy outlined plans to streamline Amazon's corporate structure by reducing management
00:20layers and increasing the ratio of individual contributors to managers by 15 percent by
00:24the first quarter of 2025.
00:27Amazon shares showed a slight dip in afternoon trading following the announcement.
00:30For all things money, visit Benzinga.com.
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