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Amazon Relaxes Office Mandate for Corporate Workers— Sort Of

By
Paris Martineau
· · Source: The Information

Amazon, which had previously told its corporate workforce to expect to return to the office at least three days a week starting in 2022, is backing down. On Monday, the internet retailer released new guidance for the many white collar workers whose jobs can be done from home. In a letter to employees, new CEO Andy Jassy said that Amazon was getting rid of the three days a week in office...

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Musk Puts $20 Billion Value on Twitter
By Erin Woo and Martin Peers · March 25, 2023 4:45 PM PDT
Elon Musk. Photo by Bloomberg.
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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Tonal’s now-shuttered Palo Alto, Calif. retail store. Photo by Getty.
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