Amazon CEO Jassy says company is reducing bureaucracy, which is ‘anathema' to innovation

Core Insights - Amazon CEO Andy Jassy is focused on eliminating bureaucracy within the company to foster a culture of faster innovation [1][2][3] - The company aims to increase worker-to-manager ratios by at least 15% by the end of the first quarter of this year as part of this initiative [2] - A "no bureaucracy email alias" has been created for employees to report unnecessary processes, resulting in 455 changes based on 1,500 emails received [3] Company Strategy - Jassy has been implementing cost-cutting measures, including laying off over 27,000 employees since 2022 and discontinuing unprofitable initiatives [4] - The company is investing heavily in artificial intelligence while urging employees to do more with less [4] - Jassy's vision is to transform Amazon into a startup-like environment, despite its vast operations across various sectors [5] Organizational Culture - Jassy emphasizes the importance of maintaining a scrappy mindset as the company grows, which is essential for innovation [5] - The initiative to flatten organizational structures is part of a broader strategy to overhaul Amazon's corporate culture [3]