Amazon won't tolerate 'callous' management practices, says Bezos
Responding to NYT article criticising 'bruising workplace', he urges affected employees to contact him directly
New York
FOR 20 years, Amazon has revelled in its toughness. "Work hard" are the first two words of a company motto. An oft-repeated line from Jeff Bezos, the founder and chief executive, calls the company culture "friendly and intense, but if push comes to shove we'll settle for intense".
That uncompromising attitude played a large role in building a retail powerhouse with a market capitalisation of US$250 billion. But now Amazon is taking issue with a depiction that its culture is all-toughness-all-the-time for many of its workers, and says it wants to tamp down on excesses that have left many bruised employees in its wake.
Mr Bezos, responding to an article published by The New York Times (NYT) last weekend about Amazon's hard-hitting management style, decried what he called its portrait of "a soulless, dystopian workplace where no fun is had and no laughter heard", and said: "I don't think any company adopting the approach portrayed could survive,…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Abbott beats quarterly profit estimates on strong medical device sales
Adidas shares surpass two-year high as 'terrace' sneaker trend boosts brand heat
LVMH’s first quarter sales growth slips to 3% on luxury slowdown
US Justice Department to file antitrust suit against Live Nation: WSJ
EU set to launch China probe on medical device procurement
Muji bets its minimalist retail will work for homes, hotels