Amazon CEO Andy Jassy to employees at Town Hall: We are changing how we do promotions

Amazon CEO Andy Jassy announced a significant shift in the company’s approach to promotions during a recent internal town hall meeting, emphasizing that building large teams will no longer be the path to advancement at the e-commerce giant.

According to a recording of last week’s all hands meeting obtained by Business Insider, Jassy told employees that Amazon is “actively changing how it thinks about promotions,” stressing that the best leaders are those who “get the most done with the least amount of resources required to do the job.”