Amazon CEO Andy Jassy calls for startup culture in shareholder letter to drive innovation

Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust Amazon CEO Andy Jassy recently outlined his vision for the company in an annual letter to shareholders, blending startup-style agility with the scale of a global giant. He addressed challenges, including artificial intelligence investments and internal culture shifts, and stressed the need to innovate quickly and cut inefficiencies to remain competitive in fast-moving markets. Jassy, who took over from founder Jeff Bezos in 2021, said he wants to run Amazon as if it were "the world's largest startup." The approach focuses on solving customer problems, encouraging invention, and giving employees ownership of their work. "Builders hate bureaucracy," Jassy wrote. "It slows them down, frustrates them, and keeps them from doing what they came here to do." He revealed that in his time, Amazon had solicited employee feedback on bureaucratic hurdles and implemented over 375 changes based on nea ... Read full article.