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Amazon Shifts to Full-Time In-Office Work for Corporate Employees in 2025

Amazon announced that starting January 2, 2025, corporate employees will be required to work in-office five days a week, marking a shift from the current three-day hybrid policy. CEO Andy Jassy stated that exceptions will only be allowed for extenuating circumstances or with approval from senior leadership.

The company also plans to streamline its corporate structure, reducing layers of management by increasing the ratio of individual contributors to managers by 15% by the first quarter of 2025. This restructuring is part of Amazon's broader goal to maintain agility and strengthen its corporate culture, with a focus on rapid decision-making, collaboration, and innovation.

Jassy emphasized the importance of fostering a startup-like mindset within the company, pushing for efficiency and eliminating unnecessary bureaucracy.

Intel Spins Off Chipmaking Business in Major Restructuring

Intel is spinning off its chipmaking operations into a new independent subsidiary, the Intel Foundry, as part of a major restructuring aimed at addressing financial losses and a declining stock price. CEO Pat Gelsinger announced that the Intel Foundry will operate with its own board and separate financial reporting. This move includes pausing construction on new factories in Poland and Germany for two years while continuing development in the U.S. Intel also plans to sell part of its stake in Altera, reduce its global real estate footprint, and has received up to $3 billion in U.S. government funding for military chip production. These steps are part of Intel's broader strategy to overcome significant losses and revitalize its business amidst ongoing challenges with new chip technologies.

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