<ul><li>Amazon CEO Andy Jassy wants to reduce management layers and bureaucracy.</li><li>Jassy stressed the need for building a culture of speed and meritocracy.</li><li>Amazon is actively changing how it thinks about promotions, focusing on leaders who achieve more with fewer resources.</li><li>Jassy encourages employees to act like owners and stay aware of industry competition.</li></ul>

Amazon CEO Andy Jassy criticizes manager fiefdoms and stresses the need for 'meritocracy' in a leaked recording

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