When you're the richest guy in the world, it's natural to suddenly get Hollywood ambitions. That's not uncommon for such a large company, especially during a change like this one, but it means Jassy has a lot of leadership and culture work to do.Įxpensive entertainment aspirations. And as The New York Times reported, even outside those very top ranks, there's an unusually large number of high-ranking executives who have left the company in recent months. Adam Selipsky is back, too, as the new AWS CEO. Jeff Blackburn left for a while and is now back in a new role running Amazon's media efforts. Steve Kessel left in 2020 after leading seemingly every important project at one time or another. Jeff Wilke, the longtime head of the consumer business, left the company. Until recently, anyway.īezos isn't the only important Amazon executive leaving the company. The so-called "S-team," made up of Bezos and his closest lieutenants (including Jassy), was a remarkably stable group. One of the rarest things about Amazon was that its leadership never seemed to change. He'll have to find more ways to keep workers safe and happy, all while facing that typically Amazonian, relentless drive toward making everything more efficient.Ī fast-changing S-team. Jassy will have to either acknowledge the increasing unionization effort, or put even more resources into fighting it. Bezos made clear in recent months that this is a focus for Amazon, even adding to its leadership principles that Amazon should "strive to be the Earth's best employer." Amazon has long said that it pays and treats workers well, but the voices disagreeing are starting to get loud. In warehouses all over the U.S., workers are unhappy with the way they're treated by Amazon and are pushing to unionize. company by sales, the scrutiny's only going to grow. And with Amazon poised to pass Walmart and become the largest U.S. He'll have to answer for Amazon's entire business, which gets harder as that business gets wider and bigger. Jassy has mostly been left out of antitrust issues and hearings so far, because AWS hasn't been the focus of Congress's inquiry, but that's going to change quickly. The name "Lina Khan" should send shivers up spines all over Seattle. Investigations loom into the way Amazon works with third-party merchants, into the combination of its store and AWS, even into how its MGM acquisition affects its position in the toilet paper-shipping industry. The same size and scope of Amazon that make it so uniquely powerful may also make it uniquely vulnerable to antitrust reform. All Rights Reserved.The looming antitrust battle. The FTC’s staff began the probe in March 2021, examining whether the company deceived customers into signing up for Prime and didn’t provide a simple way to cancel the program’s recurring charges, according to the order issued Wednesday.Ĭopyright ©2023 Dow Jones & Company, Inc. Bezos and Jassy, arguing that they aren’t steeped in the details of Prime’s sign-up and cancellation processes, which is the investigation’s focus. founder Jeff Bezos and Chief Executive Andy Jassy can’t avoid testifying in an investigation related to the company’s Prime membership program, the Federal Trade Commission said late Wednesday.Īmazon last month asked the FTC to cancel subpoenas issued to Messrs. The line between Amazon and Walmart is becoming increasingly blurred, as the two companies seek to maintain their slice of the estimated $5 trillion retail market while chipping away at the other’s share, often by borrowing the other’s ideas.
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