culture

In recent years, multistrategy hedge funds have been on a tear, hoovering up hundreds of billions in assets from investors and watching their staff rosters balloon.One dilemma such firms face: How do you maintain a consistent company culture in the face of a growth spurt?The answer, says Philippe Jordan, president…

Amazon slashed 14,000 jobs this week — not to cut costs or chase AI, but because they didn’t fit the culture.That’s according to Amazon CEO Andy Jassy, who shared his thoughts about the layoffs for the first time during the company’s quarterly earnings call on Thursday.”The announcement that we made…