Amazon Tells Staff to 'Double Down on Frugality.' Should You?
Amazon is tightening its belt as economic troubles around the world and rumors of a possible recession start to impact its business. Frugality has always been a core principle at the online shopping giant, but it's recently taken on even more importance. According to Insider, which accessed slides from the meeting and spoke to staff, Amazon's new CEO Andy Jassy told employees that the company would need to be more streamlined in 2023.