Amazon Tells Managers to Scale Back Holiday Parties in New Frugal Push – Business Insider - eComEmpireStore + Brought to You By: Robert Villapane Ramos

Amazon Tells Managers to Scale Back Holiday Parties in New Frugal Push – Business Insider

In more evidence of Amazon‘s new focus on cost-cutting, leaders of its retail division have been instructed to scale back holiday parties, according to an email sent Thursday by the company’s finance department.Amazon is following the advice of its founder Jeff Bezos to “batten down the hatches” in the face of an uncertain economic climate. […]



In more evidence of Amazon‘s new focus on cost-cutting, leaders of its retail division have been instructed to scale back holiday parties, according to an email sent Thursday by the company’s finance department.
Amazon is following the advice of its founder Jeff Bezos to “batten down the hatches” in the face of an uncertain economic climate. The company last month told investors that it was gearing up for a weaker-than-expected holiday sales season, and charted the slowest-ever growth in its cloud unit as companies trimmed enterprise spending. 
This week, the company embarked on an unprecedented wave of corporate layoffs, primarily affecting its devices, retail, and human resources divisions. The company reportedly aims to shed 10,000 people.
Holiday parties are not immune to the cuts.
“For this holiday we cannot have elaborate get togethers,” the email reads. “We are in a different situation than in prior years and while we always focused a good blend between celebrating the accomplishments of the past year and frugality this year we need to do this even more so.”
The email clarified that elaborate holiday parties could “send the wrong signals to the team” in the midst of large-scale layoffs and other cost-cutting measures underway at Amazon. Leaders should prioritize virtual gatherings and “ensure that employees are not traveling to partake in an office holiday event.”
Amazon is famous for a focus on frugality. The company does not typically offer much in the way of free food in its offices, and mandates that even executives fly coach. In recent years, some employees have said that emphasis on staying lean has morphed into “frupidity,” or needless frugality at the expense of efficiency or morale.
Work at Amazon? Got a tip? Contact reporter Katherine Long via phone or the encrypted messaging app Signal (+1-206-375-9280), or by email (klong@insider.com).
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