Many Amazon Workers May Quit Over This Office Policy

By Douglas A. McIntyre Published Sep 27, 6:50AM EDT

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Many Amazon Workers May Quit Over This Office Policy — © David Ryder / Getty Images

24/7 Wall St. Insights

Amazon.com Inc. (NASDAQ: AMZN | AMZN Price Prediction) workers are considering quitting rather than returning to the office five days a week.
Those workers who want new jobs may need help finding them.
Also: Dividend legends to hold forever.

Some Amazon.com Inc. (NASDAQ: AMZN) workers may quit because the company requires them to return to work five days a week. New research shows that 73% have considered leaving for this reason.

New data from Blind Workplace Insights shows that based on a survey of 2,585 verified Amazon workers, 91% were “overwhelmingly dissatisfied with Amazon’s decision.” And “Nearly three out of four Amazon professionals (73%) said they are considering looking for another job because of the in-office work policy when surveyed by Blind.”

Another point from the research was that 80% of those questioned knew another Amazon worker who was “considering another job” because of the new policy.

The data points to two critical issues. The first is that Amazon likely knows it will lose some workers and will start recruiting outsiders to replace them.

The other factor is that just because people at Amazon want new jobs, they may need help finding them. The Wall Street Journal reports that “Postings for software development jobs are down more than 30% since February 2020, according to Indeed.com. Industry layoffs have continued this year with tech companies shedding around 137,000 jobs since January, according to Layoffs.fyi.” Additionally, tech companies are focused on workers who have extensive AI experience.

Based on tech company patterns, the opinions of Amazon workers may not be worth much.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.