Amazon’s coffee-badging crackdown
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Welcome back to our Sunday edition, a roundup of some of our top stories. Last week, this newsletter week delivered the latest news from the aftermath of an assassination attempt on former President Donald Trump. Since then:
You can get the latest on what the political turmoil might mean for businesses, the economy, and markets right here or by downloading the Business Insider app.?
This week’s dispatch
A historic outage
Computers at Australian retailer Woolworths froze with the blue screen of death. Cash register issues closed scores of McDonald’s branches in Japan. Tesla halted some production lines. 911 call centers in Alaska couldn’t operate. Airline passengers around the world faced chaos and uncertainty.?
All because of a single IT update.?
The update, delivered by cybersecurity company Crowdstrike to Microsoft Windows desktop and laptop computers, tipped the digital world into delays and closures. There were no remote or automatic fixes: Instead, each computer required a manual reboot, in some cases more than 15 times.?
Crowdstrike saw its stock price finish down more than 11 percent on Friday, a clear sign of the damage done to its business.?
For those impacted, Crowdstrike’s terms and conditions limit liability to “fees paid,” leaving customers eligible for a refund and nothing more. Those with cyber insurance will likely be checking the fine print of their policies to see what’s covered.
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The chaos is a stark illustration of the vulnerability of global IT systems. An update gone wrong from a single company many hadn’t heard of before Friday morning brought retailers, banks, hospitals, production lines, and airlines to a halt. It’s a pressing reminder of how reliant we are on just a few companies.??
No more “coffee badging”
Amazon’s return-to-office mandate is getting serious. In recent months, the company has told several teams they must stay a minimum of two to six hours per visit to the office.
The new rule is a way to crack down on “coffee badging,” or employees who badge in, get coffee, and leave shortly after to satisfy their RTO requirements. Workers aren’t taking the rules lightly —?many took to Slack to air their complaints about the new policy.?
More of this week’s top reads:
Curated by Matt Turner and edited by Jordan Parker Erb.
This is a shorter version of our flagship newsletter, which brings you in-depth analysis and summaries of the top stories from Wall Street to Silicon Valley.
Be like water.
7 个月RTO is a disaster and Amazon is not making things better for their workforce.
Let's rotate our portfolio to 7 figs gentlemen. Official TG : https: //t.me/rotatoors
7 个月Get back in the cages, wagies. Amazon's super profits ain't gonna realize come by themselves. If you're an aspiring millionnaire and you wish to discuss solid TA/FA about the financial markets (mostly cryptocurrencies and macro financial indicators), check out my TG :
CEO | Building what's next
7 个月I am so confused by the number of people who don’t see any value to being in person with their coworkers. Going to all the trouble to go into work and then leaving quickly? Why are you even working at that place? You don’t like it that much? As a member of a team-they just don’t see any value to the indirect community, communication and benefits? It feels like their pushing themselves with their malicious compliance, not doing anything to either prove their point or perhaps concede that in-person work may have value they haven’t seen.
It's interesting to see how major companies like Amazon are navigating the return-to-office scenario. It certainly is a delicate balance of ensuring employee safety while maintaining productivity. Looking forward to reading more about it in the Insider Today Sunday edition. #WorkplaceEvolution #ReturnToOffice
Select Business Development/Innovation and Sales Help With Investments in Specific Companies Needing Capital and Help with Growth Strategies and Implementation
7 个月In our Human Resources and Human Capital group. Any company that does not offer options and Flex work, is at a serious disadvantage When is comes to hiring and retention of the BEST people. The Best, really value the options of Flex work We love to recruit From companies that force workers into the offfice Thank you To all those companies that deny their workers options and flxibility... (I wonder how many offshore workers they have, that never come into the office???).