11/24/2023 0 Comments Amazon andy jassy july thevergeHe founded the cloud computing service, Amazon Web Services (AWS), one of the most profitable parts of the company, in 2006. He was reportedly Bezos' first "shadow advisor". He is one of the disciples of Jeff Bezos who shadowed him every day and attended all meetings with him, reported Insider. As per a report by The Wall Street Journal, Jassy's colleagues describe him as soft-spoken and "approachable in a way that some say Bezos isn’t". It was the same year he graduated from Harvard Business School. The new Amazon CEO, who grew up in New York City, joined Amazon in 1997 as a marketing manager. Bezos is also scheduled to travel to space on 20 July as his company Blue Origin is launching its first passenger-carrying mission. Jeff Bezos will remain the executive chairman of the board and will focus on his other passions including Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and more. (Also read: Jeff Bezos’ exit is one of many among Amazon's top ranks as Andy Jassy takes over as CEO) Jassy joined Amazon in 1997 and founded Amazon Web Services in 2006. The 53-year-old Andy Jassy now takes over the e-commerce platform from Bezos who headed the tech giant for 27 years. “The board and I agree that operational excellence and profitability in the near-term is the right path.As Jeff Bezos steps down from his position of Amazon CEO, Andy Jassy, previously heading Amazon Web Services (AWS), takes the reins of the company starting today, 5 July. “Flexport sits at a crossroad where the choice is either to spend our way out of the current downturn in global logistics or pursue a path that gets us back to profitability quickly,” he added. He was reportedly fired from Flexport because Petersen changed his mind about his appointment.Īccording to Bloomberg, six senior Flexport employees-the majority of whom were Amazon alumni-left the company after Clark’s sudden ousting.Įarlier this year, the supply-chain startup laid off 20% of its global workforce, with Clark and Petersen telling employees at the time that the company needed to be “nimble” and “fiscally responsible.”įlexport raised almost $1 billion in funding last year with backing from Shopify and Michael Dell, bringing its valuation up to $8 billion.Īfter Clark left the company last week, Petersen told Flexport workers in an internal memo that while the company had more than $1 billion in net cash, “it’s clear that important changes are needed to sustain our growth and return to profitability.” He noted he had been perplexed by why those positions had been posted in the first place given the companywide hiring freeze.Ĭlark-a former Amazon executive who left the e-commerce giant after being passed over for CEO in favor of Andy Jassy-had been in charge at Flexport for less than a year. Meanwhile, the vast majority of the 200-plus open roles that, until recently, were being advertised on Flexport’s careers site had been taken down, Petersen said. We truly have the best investors in the world, making us all proud. So far 7 different VC funds that have invested in Flexport have offered to help candidates fast track connections with their portfolio companies to make sure these great people land on their feet. ![]() Those firms included Palantir and Shopify, he said. Some of Flexport’s investors, Petersen added, were offering to assist those being turned away find alternative employment, while “over 100 companies big and small have reached out eager to meet folks” who had been impacted by his decision. If your company is hiring tech or logistics talent and wants to connect with pre-vetted people who cleared Flexport’s very high bar, DM me and I will get you into the process that we’ve created to match these great folks with companies that are hiring.” “And we’re pivoting our entire recruiting org to helping these awesome people land on their feet with great companies. “We’ve created what I think is a pretty generous stipend for candidates whose accepted offers we’ve rescinded,” he said. He also promised the company was taking steps to help those it had turned away find alternative employment, and offered to host a “speed dating” event to match those whose job offers had been revoked with prospective employers.
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