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mean tile, cnbc obtained a memo sent by ceo jeff bezos to employees saying i strongly believe anyone working in the company really described like one in the "new york times" would be crazy to stay. i know boy leave such a company. joining us this morning one of the reporters behind that article, "new york times" reporter david straightfield joins us. good morning to you. it's good to have you with us. >> good morning. >> it's obviously -- story is a monumental effort, so much work has gone into the reporting and the storytelling. can you give us the backstory on how the idea began, what the genesis of the story was? >> the genesis of the story is probably about 20 years ago, i was an early amazon customer and i started writing about it then and i've always been fascinated by the achievements and the level of intensity of the people who work there which has enabled them to achieve great things so i wanted to know more about it. >> david, there's been quite a response to the piece, including a piece on linkedin by an engineering manager there. and i guess i got two things that i'm hopi
mean tile, cnbc obtained a memo sent by ceo jeff bezos to employees saying i strongly believe anyone working in the company really described like one in the "new york times" would be crazy to stay. i know boy leave such a company. joining us this morning one of the reporters behind that article, "new york times" reporter david straightfield joins us. good morning to you. it's good to have you with us. >> good morning. >> it's obviously -- story is a monumental...
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betty: i want to read another part of jeff bezos' letter.anyone working in a company like the one described in the article would be crazy to stay." you have covered him for so long, is there any possibility, is he removed from what is going on throughout his company? or is he elbow deep as a manager? brad: he is elbow deep. the passage you just read is the key point. i think he's missing something. linkedin, search for former employees of amazon. you come up with all these employee this day six to eight months or a year or a year and a half. there is incredibly high churn. people look at the culture around them and they decide that it is not for them and they leave. experience universal and many who have stayed there longer. there are people who have left and gone back, they call them boomerangs. many employees get burnt out very quickly. decide whether that is a sustainable culture or whether they need to throttle back and try to maintain high standards while being a little bit more empathetic. in the piecessage that made me chuckle was whe
betty: i want to read another part of jeff bezos' letter.anyone working in a company like the one described in the article would be crazy to stay." you have covered him for so long, is there any possibility, is he removed from what is going on throughout his company? or is he elbow deep as a manager? brad: he is elbow deep. the passage you just read is the key point. i think he's missing something. linkedin, search for former employees of amazon. you come up with all these employee this...
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Aug 17, 2015
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founder and owe jeff bezos -- ceo jeff bezos saying what is the real truth behind amazon, and could thise have bigger effects on the business? joining me right now on set, jo ling kent. jeff bezos defending his company saying, you know what? this is not a company i would ever work at, this is not a company i recognize. you already had someone on linkedin today, right? >> yeah, he's at a managerial level, so he claims he's able to see more sides of the company than the reporters were able to do, but this is the statement. i got the internal memo that jeff bezos sent out, and he said this article doesn't describe the amazon i know or the caring amazonians i work with every day. but if you know any story ises like those reported, i want you to escalate to hr or e-mail me directly. he is saying this is not how it is. trish: and the person on linkedin is essentially saying that "the new york times" had a thesis -- >> right. trish: -- and found stories that fit that thesis. he's also accusing "the new york times" of basically erasing e-mails that attacked the story. >> comments, yeah. trish: c
founder and owe jeff bezos -- ceo jeff bezos saying what is the real truth behind amazon, and could thise have bigger effects on the business? joining me right now on set, jo ling kent. jeff bezos defending his company saying, you know what? this is not a company i would ever work at, this is not a company i recognize. you already had someone on linkedin today, right? >> yeah, he's at a managerial level, so he claims he's able to see more sides of the company than the reporters were able...
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pimm: jeff bezos doesn't have to wear a tie.ou do not have to wear one if you where -- if you work it amazon. no, but you have to work a lot. matt: and he wants you to wait in line as long as it takes to go through a security check, but he's not paying you for that time. he says, listen, i do not or if it takes 45 minutes to go through the security check. you are clocked out. you are not allowed to leave the building, but i will not pay you for that time. pushes itsn famously workers, blue-collar and white-collar workers, really, really hard. the article in the "new york " telling anecdotes about that. the one that struck me the most -- i know the stories. i have known the stories for more than a decade. that is working at amazon. work there, but then get out because it is so miserable. it is a common occurrence to walk by a conference room and see a grown man crying sitting alone in a room. dispute the veracity of the story, but there are no statistics. there are no details. this is a company with 154,000 employees. that's not
pimm: jeff bezos doesn't have to wear a tie.ou do not have to wear one if you where -- if you work it amazon. no, but you have to work a lot. matt: and he wants you to wait in line as long as it takes to go through a security check, but he's not paying you for that time. he says, listen, i do not or if it takes 45 minutes to go through the security check. you are clocked out. you are not allowed to leave the building, but i will not pay you for that time. pushes itsn famously workers,...
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and jeff bezos says it's not the company he knows. for more now, we turn to rebecca jarvis. >> reporter: tonight, the company that dreams of delivery by drone and uses robots to navigate that gigantic warehouse now defending itself after a "new york times" expose describes a nightmare workplace where employees often see co-workers cry at their desks. amazon ceo jeff bezos touts his customer-focused approach. >> it starts with the customer and works backwards. >> reporter: but the times reports amazon workers, describing 85 hour work weeks, a feedback program for employees to secretly review their co-workers and they are often negative and a callus disregard for employees dealing with personal crises like breast cancer. one worker who lost a baby was told her performance would be monitored to make sure her focus remained on her job. jeff bezos says that did not the amazon i know or the caring amazonians i work with every day. in corporate videos, employees describe a challenging but rewarding workplace. >> i have learned that i'm way s
and jeff bezos says it's not the company he knows. for more now, we turn to rebecca jarvis. >> reporter: tonight, the company that dreams of delivery by drone and uses robots to navigate that gigantic warehouse now defending itself after a "new york times" expose describes a nightmare workplace where employees often see co-workers cry at their desks. amazon ceo jeff bezos touts his customer-focused approach. >> it starts with the customer and works backwards. >>...
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jeff bezos playing defense today after the scathing "new york times" story.hat it means for the nation's most valuable retailer next. you are watching cnbc. we are first in business worldwide. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. >>> hi, everyone, i'm sue herera with breaking news. the national labor relation board has dismissed an earlier ruling that would have allowed college athletes to unionize. they dismissed that historic ruling that basically said that college players were employees that were entitled to form what would have been the nation's first union of college athletes. but the nlrb says that unionization could throw off "the competitive balance between teams and setting different standards for practice, pay and o
jeff bezos playing defense today after the scathing "new york times" story.hat it means for the nation's most valuable retailer next. you are watching cnbc. we are first in business worldwide. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more...
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drawing strong denials from jeff bezos and his spokesman. >> people like jeff bezos and who have been at the company 10 or 15 years don't recognize the amazon the "new york times" wrote about. >> what is it they know? >> well, this is an incredibly compelling place to work. >> is this solid reporting or a smear against amazon in. >>> plus, are the media really going to chase cheaters based on the criminal hacking of ashley madison? i'm howard kurtz, and this is "#mediabuzz." >>> hillary clinton's strained relations with the press got a whole lot worse this week as her e-ma e-mail mess blew up in a nevada news conference where fox news correspondent ed henry questioned her about the fbi investigation into her private server. >> bob woodward yesterday suggesting how you're reacted. and eugene robinson, a liberal columnist said at the very least you have stone walled and said you should tell the american people, i'm sorry, i was wrong. but instead you've been talking about snapchat, blaming republican attacks. isn't leadership about taking responsibility? >> well, i do take -- look, ed,
drawing strong denials from jeff bezos and his spokesman. >> people like jeff bezos and who have been at the company 10 or 15 years don't recognize the amazon the "new york times" wrote about. >> what is it they know? >> well, this is an incredibly compelling place to work. >> is this solid reporting or a smear against amazon in. >>> plus, are the media really going to chase cheaters based on the criminal hacking of ashley madison? i'm howard kurtz,...
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ceo jeff bezos fires back about the online retail giant. this is the "cbs morning news." amazon, the retail giant. he nex. that's how life unfolds. a leap of faith. [growl] even if you can't see it, your destination is out there. so just keep going. and you'll get there... ...200 feet at a time. the corolla. toyota. let's go places. soil is the foundation... for healthy plants. just like gums are the foundation for healthy teeth. new colgate total daily repair toothpaste. it helps remineralize enamel and fight plaque germs for healthier teeth and gums. strengthen the foundation for healthy teeth. new colgate total daily repair. fedid you know it may be coming? from being on your feet all day? dr. scholl's custom fit orthotic inserts are uniquely designed to provide immediate all day relief from lower back pain. from lower back pain. look more like a tissue box... you may be muddling through allergies. try zyrtec® for powerful allergy relief. and zyrtec® is different than claritin®. because it starts working faster on the first day you take it. zyrtec®. muddle no more™ . p
ceo jeff bezos fires back about the online retail giant. this is the "cbs morning news." amazon, the retail giant. he nex. that's how life unfolds. a leap of faith. [growl] even if you can't see it, your destination is out there. so just keep going. and you'll get there... ...200 feet at a time. the corolla. toyota. let's go places. soil is the foundation... for healthy plants. just like gums are the foundation for healthy teeth. new colgate total daily repair toothpaste. it helps...
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. >> amazon's ceo jeff bezos dismisses a "new york times" article outlining poor working conditions, saying claim did not represent the company he leads. on our radar, at&t helps spy for internet traffic for years. you'll get that full story in a couple of minutes. >>> and the fourth is the disney ceo confirming the star wars franchise is getting its own theme land in the largest expansion ever at disney parks. >> and you are watching "worldwide exchange" on this monday morning. we're indicating a slightly higher open with the dow up 2.6 points. nasdaq up about 8 and the s&p 500 seeing a marginal gain. some of the best performing sectors last week, interestingly enough, are the worst performing sectors year-to-date. kweer talking about materials and industrials gaining about 1%. a lot of focus will be on the economic data. we get a report on employment and manufacturing data will be a part of the story. in the meantime, we see the global 300 index basically flat on the day. a lot of investors reacting to the latest growth figures out of japan. as we were saying, the japanese joining
. >> amazon's ceo jeff bezos dismisses a "new york times" article outlining poor working conditions, saying claim did not represent the company he leads. on our radar, at&t helps spy for internet traffic for years. you'll get that full story in a couple of minutes. >>> and the fourth is the disney ceo confirming the star wars franchise is getting its own theme land in the largest expansion ever at disney parks. >> and you are watching "worldwide...
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emily: brad, if you are mark zuckerberg or jet -- or jeff bezos, what are you thinking right now?aybe they are excited about this. mary is elevating himself above the core business, bringing potentially other companies into the alphabet umbrella, and arguably taking their eye off the ball that is the profit business, the search engine. we haven't said anything about there a conflict executive, but no match for jeff bezos or zuckerberg. maybe this is an opportunity where larry really starts to look at other things and disassociates himself and we look back and say, here is where google started to lose itself. emily: brian, do you have a comment? brian: there are several. google is a one trick pony, they will probably do $10 billion this year. all the related success to double-click, it is massive. emily: didn't google secede a huge portion of territory there to facebook? purely mobile plays, their present -- their acquisition of at knob was in the space. it's not about a mobile advertiser to a mobile device per se. facebook arewith the two hegemonic players in advertising. respond
emily: brad, if you are mark zuckerberg or jet -- or jeff bezos, what are you thinking right now?aybe they are excited about this. mary is elevating himself above the core business, bringing potentially other companies into the alphabet umbrella, and arguably taking their eye off the ball that is the profit business, the search engine. we haven't said anything about there a conflict executive, but no match for jeff bezos or zuckerberg. maybe this is an opportunity where larry really starts to...
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and jeannie, let me start with you and ask to jeff bezos's point, would it not be difficult to recruitkers given that there are so many silicon valley were words to work at? >> it will not be hard. amazon has an incredibly good name. not every person is looking to be in a place like google. peoplere truly brilliant who want to push themselves, want to be better, want to make an impact. look at these people like olympic athletes. they are used to working hard. they are used to getting turned on by creating innovating consider going into the marketplace. there are people who truly prefer an environment like amazon. matt: matt, what you think? we have heard this time and time again. bezos can deny it, and his buddies can defend him, but surely it is a stressful ways to work. surely it is a competitive environment. and the treatment of the lower-level employees is definitely lacking. >> i will tell you firsthand that it is a high demand, high-intensity workplace. but that is what makes it one of the best places to work, if not the best place to work in america. a lot of what i read in the
and jeannie, let me start with you and ask to jeff bezos's point, would it not be difficult to recruitkers given that there are so many silicon valley were words to work at? >> it will not be hard. amazon has an incredibly good name. not every person is looking to be in a place like google. peoplere truly brilliant who want to push themselves, want to be better, want to make an impact. look at these people like olympic athletes. they are used to working hard. they are used to getting...
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Aug 18, 2015
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amazon boss jeff bezos says a article does not describe the amazon he knows. the report says that workers at amazon are not treated very well. anna werner has more. >> you love it or you don't. >> reporter: that sentiment and this recruiting video seems to sum up life for many at amazon. "the new york times" describes the internet giant as conducting a little-known experiment in how far it can push white collar workers. redrawing the brournedsoundaries what have is acceptable. pushed past their limits and helping their careers take off and many struggled with the kurlted what is called purposeful darwinism. they called their employees athletes. others said amazon regularly downsizes its staff and one said its enduring image was watching people rye cry in the office. "times" reporter jody cantor described the paper's findings on "cbs this morning." >> we heard from people who thought they were evaluated too harshly and people who suffered from cancer and serious pregnancy loss who were evaluated very quickly after those things happened. >> reporter: amazon exec
amazon boss jeff bezos says a article does not describe the amazon he knows. the report says that workers at amazon are not treated very well. anna werner has more. >> you love it or you don't. >> reporter: that sentiment and this recruiting video seems to sum up life for many at amazon. "the new york times" describes the internet giant as conducting a little-known experiment in how far it can push white collar workers. redrawing the brournedsoundaries what have is...
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as jeff bezos said early on to new employees, it's not easy to work here. and without it being -- without those high standards, you probably never would have heard of amazon. it would not exist now. the question is for employees who are diverted by crises, what happens to them? sreenivasan: david streitfeld, one of the co-authors on the new york times, thanks very much. >> thank you. >> sreenivasan: our signature segment tonight takes us to hawaii, a state that sees sunshine three out of every four days, and has used that sunshine to become one of the top ten states for developing renewable solar energy. converting that solar energy into electricity hasn't been so simple. in this updated story we first broadcast in the spring, newshour special correspondent mike taibbi reports that homeowners in honolulu and their utility company find themselves at a crossroads. >> reporter: they're everywhere on oahu: on the roofs of businesses, libraries, and one house after another. the amount of rooftop solar now accounts for 12% of the electric utility's users. that's
as jeff bezos said early on to new employees, it's not easy to work here. and without it being -- without those high standards, you probably never would have heard of amazon. it would not exist now. the question is for employees who are diverted by crises, what happens to them? sreenivasan: david streitfeld, one of the co-authors on the new york times, thanks very much. >> thank you. >> sreenivasan: our signature segment tonight takes us to hawaii, a state that sees sunshine three...
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in a memo to employees jeff bezos said the article did not describe the amazon he knows.e said amazon would not tolerate the shockingly callus practices described. rebecca jarvis describes. >> reporter: the company that dreams of delivery by drone and uses robots to nab gate that gigantic warehouse now defending itself after a "new york times" expose describes a nightmare workplace where employees often see co-workers cry at their desks. amazon's ceo jeff bezos frequently touts his customer focused approach. >> the whole culture here really starts with customer and works backwards. >> reporter: but the times reports amazon workers describing 85 hour work weeks, a feedback program encouraging employees to secretly review their co-workers those reviews often negative. and a callus disregard for employees dealing with personal crises like breast cancer. one worker who lost a baby was reportedly told her performance would be monitored to make sure her focus stayed on her job. in a memo to employees bezos writes, the article doesn't describe the amazon i know or the caring ama
in a memo to employees jeff bezos said the article did not describe the amazon he knows.e said amazon would not tolerate the shockingly callus practices described. rebecca jarvis describes. >> reporter: the company that dreams of delivery by drone and uses robots to nab gate that gigantic warehouse now defending itself after a "new york times" expose describes a nightmare workplace where employees often see co-workers cry at their desks. amazon's ceo jeff bezos frequently touts...
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jeff bezos rules with an iron fist.a specific way he wants his company run, and i beg to find someone who hasn't worked for a company like that, that isn't at the top of its game. cheryl: you have some saying americans are a bunch of wusses and we don't want to work hard and we've been coddled and we'll turn into france if we are not careful. >> are you looking at me? [ laughter ]. cheryl: no, no, somebody else. guys, appreciate it. coming up, authorities in bangkok, they do actually have a suspect in that deadly bombing that killed more than 20 people monday. details on the story coming up. >>> and the $100 million feud. charlie gasparino has new details on the potential war between a top player on wall street and an investment banking titan. charlie's going to break it coming up next on "countdown." these two oil rigs look the same. can you tell what makes them so different? did you hear that sound? of course you didn't. you're not using ge software like the rig on the right. it's listening and learning how to prevent
jeff bezos rules with an iron fist.a specific way he wants his company run, and i beg to find someone who hasn't worked for a company like that, that isn't at the top of its game. cheryl: you have some saying americans are a bunch of wusses and we don't want to work hard and we've been coddled and we'll turn into france if we are not careful. >> are you looking at me? [ laughter ]. cheryl: no, no, somebody else. guys, appreciate it. coming up, authorities in bangkok, they do actually have...
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jeff bezos says that did not the amazon i see every day. >> i have learned that i'm way smarter and way stronger than i ever thought i was. >> they very much respect having families, having kids. >> you either fit here or you don't. you love it or you don't. there is no middle ground really. >> rebecca reported there is a secret reporting system on co-workers and jeff bezos says e-mail me directly. >> he said they are not going to stand for it. >> the story has a lot of headlines. rebecca, thanks to you. >>> and computer hacking at the irs. more taxpayers' documents could have been compromised. pierre, how big is it? what is the scope or it? >> reporter: david, it's really bad. three times as many taxpayers affected. the number from 114,000 in may to 334,000 possibly targeted. >> this is taxpayer information. it's concerning. what can they do with it? >> reporter: it's so bad. it has information about your salary, the place of employment, where you live, whether you are married. and combine with it your name, bait of birth and social security number and you can see how someone can assum
jeff bezos says that did not the amazon i see every day. >> i have learned that i'm way smarter and way stronger than i ever thought i was. >> they very much respect having families, having kids. >> you either fit here or you don't. you love it or you don't. there is no middle ground really. >> rebecca reported there is a secret reporting system on co-workers and jeff bezos says e-mail me directly. >> he said they are not going to stand for it. >> the story...
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jeff bezos is defending his company amazon after a scathing "new york times" article claiming to show poor working conditions for rich employees. the times versus bezos. with whom will our panel side, melissa? melissa: the tallest buildings in the world ain't got nothing on this one. details on the proposed space elevator. i love it. ♪ technology empowers us to achieve more. it pushes us to go further. es . . . . be able to access information, wherever we are. information for an athlete's medical care, or information to track their personal best. with microsoft cloud, we save millions of man hours, and that's time that we can invest in our athletes and changing the world. david: jeff bezos striking back at a "new york times" expose' that describes amazon as kind of a high-paid sweatshop. amazon's founder saying, quote, the article doesn't describe the amazon know or the caring amazonians work with. who knew that was the word you used. i strongly believe anyone working in a company really like the one described in "the times" would be crazy to stay. i know i'd leave such a company. her
jeff bezos is defending his company amazon after a scathing "new york times" article claiming to show poor working conditions for rich employees. the times versus bezos. with whom will our panel side, melissa? melissa: the tallest buildings in the world ain't got nothing on this one. details on the proposed space elevator. i love it. ♪ technology empowers us to achieve more. it pushes us to go further. es . . . . be able to access information, wherever we are. information for an...
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and as i think jeff bezos said in his memo to amazonians from last night and this morning, you know,e want to know, he wants to know if any of the behab your, managerial behavior that was reported on this story is actually true. it's intolerable. we won't accept it. amazon is not perfect. we're an organization that's grown from a big company to 183,000 employees. again, 150,000 people, 150,000 new jobs wouldn't be created and filled if people didn't want to work at amazon. the white collar workforce, these are people who could work anywhere. at the most senior levels, these are people who have been so successful who don't have to work but they love coming to work at amazon because it's an inonovative and creative place o be. >> one posted a 5,000-word defense on linkedin. and the ratio of criticism is 5-1. look at specific policies, one being the paternity leave policy. having just had a baby, something close to my heart. your former employer offers fathers six weeks of paid leave. when you look at other companies out in silicon valleys, netflix offers up to a year, facebook four mon
and as i think jeff bezos said in his memo to amazonians from last night and this morning, you know,e want to know, he wants to know if any of the behab your, managerial behavior that was reported on this story is actually true. it's intolerable. we won't accept it. amazon is not perfect. we're an organization that's grown from a big company to 183,000 employees. again, 150,000 people, 150,000 new jobs wouldn't be created and filled if people didn't want to work at amazon. the white collar...
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alix: coming up, amazon chief executive jeff bezos is on the defense refuting claims of shockingly callousement practices. that's next. ♪ alix: amazon founder jeff bezos is on the defensive after an article detailed the reportedly toxic workplace environment. the story does not describe the amazon i know or the caring amazonian's i work with every day. scarlet: stick cost low tweeted in his defense that it was taken out of context and symptomatic of a growing reliance on hyperbole to score points. corey johnson joins us live with more. you are based in san francisco -- except when you visit us in new york. but you know what that companies do most of the time. is this the case of the east coast overreacting to what has been standard operating procedure on the west coast? shot atis is an unfair a company that might deserve some unfair shots. right --ick costolo is i don't think there is anything inaccurate with the article. it was a big article and i think it is worth a read a cousin raises the issues of what white-collar workers go through and how much they work. we all know that we leave t
alix: coming up, amazon chief executive jeff bezos is on the defense refuting claims of shockingly callousement practices. that's next. ♪ alix: amazon founder jeff bezos is on the defensive after an article detailed the reportedly toxic workplace environment. the story does not describe the amazon i know or the caring amazonian's i work with every day. scarlet: stick cost low tweeted in his defense that it was taken out of context and symptomatic of a growing reliance on hyperbole to score...
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jeff bezos has been a colorful character who does not talk a lot. there you have it. >> we've got another three hours to go on this. >> donald trump over the weekend tipping his hand on foreign policy and immigration in true trump fashion. the gop candidate landing his chopper with much fanfare at the iowa state far. refs all business when it came to the middle east and immigration. he sat down with chuck todd on meet the press over the weekend. >> i want to take away their wealth. for years, i've been saying don't go into iraq. they went into iraq, destabilized the middle east, it was a big mistake. now we're there and you have isis. and i had this was going to happen. i said iran will take over iraq, which is happening. and isis is taking over a lot of the oil and certain areas of iraq. and i said you take away their wealth. you go in and knock the hell out of the oil, take back the oil. we take over the oil which we should have done in the first place. >> a mid east strategy from donald trump. plenty of news to discuss over the weekend with steve
jeff bezos has been a colorful character who does not talk a lot. there you have it. >> we've got another three hours to go on this. >> donald trump over the weekend tipping his hand on foreign policy and immigration in true trump fashion. the gop candidate landing his chopper with much fanfare at the iowa state far. refs all business when it came to the middle east and immigration. he sat down with chuck todd on meet the press over the weekend. >> i want to take away their...
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i've got a quick headline on amazon's jeff bezos, he has quick money in his pocket. roll post-debate sound bite number one. >> i know i don't trust president obama with all records. i know you gave him a big hug. ♪ forgive me if i call it a ho-hum jobs report in july. 215,000 jobs report goody. the participation rate is still at a generational low, 62.6%, that's not good. as for the markets, well they're taking it in good spirit i guess. i say this every morning, pretty much dead flat. we're up one point, that's the futures okay? we'll find out for sure 29 minutes from now. here is what i think is perhaps even better news the price of gasoline. it's friday, some of us will be driving this weekend and it's getting cheaper by the day. 261 is your national average. later, we'll tell you where the cheapest gas in the land can be found. let's get to the debate shall we? joining us ashley webster, liz macdonald and tommy bruce. i thought it was a great debate, it was lively engaging. i thought the debate was a winner. >> it was real, honest gritty it felt true and unscript
i've got a quick headline on amazon's jeff bezos, he has quick money in his pocket. roll post-debate sound bite number one. >> i know i don't trust president obama with all records. i know you gave him a big hug. ♪ forgive me if i call it a ho-hum jobs report in july. 215,000 jobs report goody. the participation rate is still at a generational low, 62.6%, that's not good. as for the markets, well they're taking it in good spirit i guess. i say this every morning, pretty much dead flat....
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Aug 17, 2015
08/15
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jeff bezos as we said publicly responded.o for many, this is not really image of silicon valley employers, with perks from free food and snacks to unpaid maternity leave. my next guest says amazon employees need to stop being crybabies. larry winget is here the author of, grow a pair. we're glad you're with us. what is the chances that amazon is decent place to work but has cob pets of -- pockets of toxicityany big company? >> there is chance of that. you could have pockets of that anywhere. when i read most of the interviews with the ex-employees. not hard to find does grunt he willed ex-employees. i don't care how big the company is you can find the people. when i read them it was like reading yelp review of my favorite restaurant. i don't believe most of it. deirdre: amazon, google, facebook, these are companies people want to emulate or bring down in commit tiff aspect. how tough is it for big companies to keep part of their startup culture. i was on cyber dust like mark cuban's network. it is anonymous. how many of you w
jeff bezos as we said publicly responded.o for many, this is not really image of silicon valley employers, with perks from free food and snacks to unpaid maternity leave. my next guest says amazon employees need to stop being crybabies. larry winget is here the author of, grow a pair. we're glad you're with us. what is the chances that amazon is decent place to work but has cob pets of -- pockets of toxicityany big company? >> there is chance of that. you could have pockets of that...
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Aug 17, 2015
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the story was published on saturday, by sunday jeff bezos issued a memo to employees.article claims that our intentional approach is to create a soulless workplace where no laughter is hef s now, here's is the critical world here, intentional. he's not exactly denies that these specific incidents happened. what he's saying is he's urging employees read the article and report any kind of behavior like the one the "new york times" described, to hr or to him personally. so if you really want to parse words, you have to pay attention to the way he worded his memo, but there's pretty scathing stuff. i know you like to harp on the review system, but also the paper suggests they spoke to employees who told them that amazon pushed people out, because they took time off for medical reasons like miscarriage. that's pretty tough. >> no one wants to be intentional sfle soulless and dystoppian. >>> you will never find a more wretched hive of scum and villainy, and yes, it will be inside the happiest place on earth. the "star wars" franchise was purchased, and they have announced th
the story was published on saturday, by sunday jeff bezos issued a memo to employees.article claims that our intentional approach is to create a soulless workplace where no laughter is hef s now, here's is the critical world here, intentional. he's not exactly denies that these specific incidents happened. what he's saying is he's urging employees read the article and report any kind of behavior like the one the "new york times" described, to hr or to him personally. so if you really...
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Aug 21, 2015
08/15
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>> that is like asking jeff bezos what kind of competitive threat barnes & noble has to them, fundamentallyi look at the landscape in health care in general, the shift to the consumer has not happened fast enough and that is a trend that zocdoc is focused on, and every other industry, we are used to getting things immediately. but yet, we are not getting our doctors immediately and that is what we are hyper focused on solving. insurance companies had their time to solve it, they haven't. zocdoc isn't doing it now. >> ok, cyrus. thank you so much. decides to go public, they could find themselves in a battle for wall street, using real-time data to build and manage trading firms. we sat down with the cofounder to discuss. ♪ >> i think the best way to describe the battle for wall difference is a battle for wall street, you are managing traders and you have to trade real stocks, so real that it is coming into the game. you trade equities, but it also includes commodities and funds. we are going after gamers, and also new traders, ones who want to learn about the market and have a fun way to do
>> that is like asking jeff bezos what kind of competitive threat barnes & noble has to them, fundamentallyi look at the landscape in health care in general, the shift to the consumer has not happened fast enough and that is a trend that zocdoc is focused on, and every other industry, we are used to getting things immediately. but yet, we are not getting our doctors immediately and that is what we are hyper focused on solving. insurance companies had their time to solve it, they...
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Aug 18, 2015
08/15
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CNBC
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article went online a few weeks ago, the physical copy of the hollywood reporter's interview with jeff bezosits newsstands on friday. ahead of it they issued new snippets of bezos insights. quote you absolutely have to be willing to make something that's going to be remarkable. you've got to take some risk on keeping up with netflix and volume. we're still sort of filling a pipeline. if you look at the upward trajectory of how much content we're creating per quarter, it's increasing rapidly. i don't envision that slowing any time soon and on awards like the globes and the emmys, i think they're important to the creator, the audience also likes it. is it the only thing that matters? no. but it's good validation of the quality that the work that the team is doing. it's interesting to talk about them talking about green lighting projects and image and awards. >> i think it's interesting that jeff bezos is the one talking about it. it shows a level of interest beyond ecommerce and cloud. he's interested in drones and content and filling the pipeline. here is a guy who is putting a lot of attenti
article went online a few weeks ago, the physical copy of the hollywood reporter's interview with jeff bezosits newsstands on friday. ahead of it they issued new snippets of bezos insights. quote you absolutely have to be willing to make something that's going to be remarkable. you've got to take some risk on keeping up with netflix and volume. we're still sort of filling a pipeline. if you look at the upward trajectory of how much content we're creating per quarter, it's increasing rapidly. i...
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Aug 23, 2015
08/15
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. >> amazon founder, jeff bezos decried the quote, shockingly callous management. says he doesn't recognize the broader portion of amazon and no such callous company could survive in the tech market place. joining us from san francisco, sara lacey, editor in chief. let's start with the journalism. is it difficult to pull off a piece like this with more than 100 interviews, many on the record involving such a secretive company? >> it's incredibly difficult. amazon is one of the hardest companies to report on right up there with apple during the steve jobs years. i think they did a tremendous job. and i think it showed how relevant the "new york times" still is. look, when you are a still print publication out of new york, with, you know, several hundred person newsroom and you turn the tech world on its ear this much, you freak out the tech world. you know, you're still a powerful news organization. possibly even more so as other ones have died, you know, and fallen away, the new york times looks even more powerful than it did newsroom still has more than 1,000 jour
. >> amazon founder, jeff bezos decried the quote, shockingly callous management. says he doesn't recognize the broader portion of amazon and no such callous company could survive in the tech market place. joining us from san francisco, sara lacey, editor in chief. let's start with the journalism. is it difficult to pull off a piece like this with more than 100 interviews, many on the record involving such a secretive company? >> it's incredibly difficult. amazon is one of the...
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Aug 18, 2015
08/15
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jeff bezos is defending his company culture after the new york times export a painted a exposee paintedeling picture of life as an amazon employee. it paints grueling allegations. employees being warned over taking vacation in for internet areas. other tech leaders have been commenting. the former twitter ceo saying this has taken out of context all over it, and hyperbole to score points. mark andreessen, given the number of workplaces designed for underachievers to feel good about themselves... joining me now is matt williams and jeannie branthover. would it not be difficult to recruit workers given that there are so many silicon valley were great tothat are so work at? jeanne: amazon has an incredibly good name. not every person is looking to be in a place like google. there are truly billion people -- brilliant people that want to push themselves, they want to be better they want to make an impact. that is what amazon does it look at these people as the olympic athletes. they are used to working hard, they are working and creating and innovating things that go out in the marketplace.
jeff bezos is defending his company culture after the new york times export a painted a exposee paintedeling picture of life as an amazon employee. it paints grueling allegations. employees being warned over taking vacation in for internet areas. other tech leaders have been commenting. the former twitter ceo saying this has taken out of context all over it, and hyperbole to score points. mark andreessen, given the number of workplaces designed for underachievers to feel good about...
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Aug 27, 2015
08/15
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jeff bezos was essentially a bookstore and then they began to innovate, and they created more value. you saw amazon on-demand. the current leadership hasn't figured out how to continue to innovate. i will go back to my tagline -- it's customer value. jeff: twitter is still too complex to use to appeal to the mass market. it is a great media distribution mechanism for brands, but for the average user, you don't understand all those limitations. emily: what about a triumvirate with ceo, adam baines? you think they need new blood? jeff: there is a way to go. we will see whether having founders at the helm of the company will change the trajectory in terms of user growth and innovation, or they keep the founders out, because those founders who have been controlling the product direction for seven, eight years are potentially hampering the innovation. emily: you have analysts saying acquisition is inevitable. jeff: people can afford it now. dave: it's a pretty small list of who can acquire it now. jeff: t is for twitter. emily: [laughter] we are definitely continuing together. dave, jeff,
jeff bezos was essentially a bookstore and then they began to innovate, and they created more value. you saw amazon on-demand. the current leadership hasn't figured out how to continue to innovate. i will go back to my tagline -- it's customer value. jeff: twitter is still too complex to use to appeal to the mass market. it is a great media distribution mechanism for brands, but for the average user, you don't understand all those limitations. emily: what about a triumvirate with ceo, adam...
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Aug 1, 2015
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i would love to have a conversation with jeff bezos about the self-destructive nature of this particular strategy. >> amazon is arguing that books must be cheaper in this environment where there are so many media distractions. do you have any sympathy for their argument? >> complete sympathy for it. i just don't understand why, in order to get to that preferred outcome, they have chosen to screw over the people who bring revenue to their business and customers to their site. >> do you need a traditional publisher for your next book? is there another way? >> is this an industry that is going to be disrupted, and the answer is absolutely. will i have the same arrangement for my next book that i had for this one? unlikely. but the arrangement i had for david and goliath is better than the arrangment i had for books that came before it. i can imagine a world without traditional publishers, but i can't imagine a world without traditional bookstores. i would like to see a revision of the publishing environment in a way that ensures the continued success of the physical bookstore. >> some write
i would love to have a conversation with jeff bezos about the self-destructive nature of this particular strategy. >> amazon is arguing that books must be cheaper in this environment where there are so many media distractions. do you have any sympathy for their argument? >> complete sympathy for it. i just don't understand why, in order to get to that preferred outcome, they have chosen to screw over the people who bring revenue to their business and customers to their site....
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Aug 17, 2015
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chief executive jeff bezos says the article does not describe the amazon he knows or the colleagues heworks with every day. a bit of trouble at amazon. laura: it signs like it -- it sounds like it. reporter: it does seem like a challenging base to work -- challenging place to work. no laughter can be heard. laura: it does not seem like the way to get the best out of people. reporter: the company pushes them to work harder,úññ÷?÷?ñ; 08/17/15 08/17/15 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! >> i'm actually one of the few people -- six people in the whole world who honestly can say i was a student of martin luther king's. he taught one class at morehouse college one time, i believe were sick students -- or house is all-male. thq)e were eight of us, six or eight of us in the class. we're the only peop&e who can say, "i was a student of dr. say, "i was a student of dr.
chief executive jeff bezos says the article does not describe the amazon he knows or the colleagues heworks with every day. a bit of trouble at amazon. laura: it signs like it -- it sounds like it. reporter: it does seem like a challenging base to work -- challenging place to work. no laughter can be heard. laura: it does not seem like the way to get the best out of people. reporter: the company pushes them to work harder,úññ÷?÷?ñ; 08/17/15 08/17/15 [captioning made possible by...
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. >> as we look at jeff bezos' comments, dom, where do you come down on this?ley basically has a reputation of being a pretty humane place to work, free lunches, lots of extra perks, so forth. >> i can bring my dog to work at goog google. >> amazon is not in silicon valley. amazon is in the retail business, and maybe you compare it with apple under steve jobs, which was an equally demanding place to work, if not more so. >> here's what i would say. i'm a free market capitalist by nature. i think this will be a self-correcting mechanism. the moment you start losing out on talent, that's when you know it resonates. i would be curious how all of those thousands of amazon employees really feel. look at that tweet. this has taken out of context stamped ought over it and symptomatic of a growing reliance on hyper bolle to score points. >>> let's move on to delta air lin lines. if you buy a economy list, you'll be the last to board, the last to get overhead bin space, if there is any, no refunds, no early boarding, none of the good stuff. delta says they're not shamin
. >> as we look at jeff bezos' comments, dom, where do you come down on this?ley basically has a reputation of being a pretty humane place to work, free lunches, lots of extra perks, so forth. >> i can bring my dog to work at goog google. >> amazon is not in silicon valley. amazon is in the retail business, and maybe you compare it with apple under steve jobs, which was an equally demanding place to work, if not more so. >> here's what i would say. i'm a free market...
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Aug 18, 2015
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cnbc documentary last year, john rossman and randy miller, former executives at amazon, said ceo jeff bezos does set a high bar. >> he has a low tolerance for thinking small, acting small, or not being extremely sharp. >> or rationalizing. if you start giving rationalizations and excuses -- >> or pointing the other direction. >> he'll just -- he'll slash you to shreds. he's got a very effective, sarcastic bent. >> reporter: but that certainly wasn't the tone bezos took in an e-mail yesterday to his 150,000 employees, telling them he wouldn't want to work for the company described by the "times" and saying, "hopefully, you don't recognize the company described. hopefully, you're having fun with a bunch of brilliant teammates helping invent the future and laughing along the way." lester? >> all right, cynthia, thank you. >>> we're back in a moment with news about your morning cup of coffee and the fight against cancer. >>> there is new research out tonight from the highly respected dana farber cancer institute that finds colon cancer patients who regularly drink four or more cups of coffee a
cnbc documentary last year, john rossman and randy miller, former executives at amazon, said ceo jeff bezos does set a high bar. >> he has a low tolerance for thinking small, acting small, or not being extremely sharp. >> or rationalizing. if you start giving rationalizations and excuses -- >> or pointing the other direction. >> he'll just -- he'll slash you to shreds. he's got a very effective, sarcastic bent. >> reporter: but that certainly wasn't the tone bezos...
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. >> the founder and ceo of that company, jeff bezos, is issuing a rare response and he is strongly defendingcompany. bezos is actually encouraging employees to read that article and then email him directly with any allegations of abuse. (laughter) >> larry: you heard right, folks. it's the first time in history someone is encouraging people to send them an email about an article they read. (laughter) come on, bezos! you're supposed to be the cool billionaire, like richard branson, not the evil billionaire, like richard branson. (laughter) right? hey, the guy's complicated. (cheers and applause) but, look, i'll be honest with you. here at "the nightly show," the happiness of our employees is our top priority. in fact, we're so committed to making sure our workplace culture is nothing like amazon's, we've made a lot of changes. for instance, we recently hired platinum hip-hop recording artist cam'ron to manage our human resources department. let's take a look. >> i don't even know what the [ bleep ] this means. i'm going to google this [ bleep ]. (knocking) let me call you back. can i talk to
. >> the founder and ceo of that company, jeff bezos, is issuing a rare response and he is strongly defendingcompany. bezos is actually encouraging employees to read that article and then email him directly with any allegations of abuse. (laughter) >> larry: you heard right, folks. it's the first time in history someone is encouraging people to send them an email about an article they read. (laughter) come on, bezos! you're supposed to be the cool billionaire, like richard branson,...
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jeff bezos is pushing back. we go out and talk to former employees to find out what they think. >> and lester, did you hear the question. does the company have to be that tough on employees? >> it's when you talk to some of the people, saying it wasn't that bad. but when you go back to a cnbc documentary, it seems to be clear the bar was raised high. in an abusive way, that's yours to interpret. we'll let you see. >> certainly a lot of debate on social media and elsewhere. lester, thank you. >>> well, there's something happening in central park tonight that caught many of us by surprise. >> that's right. a free concert announced late today featuring one of music's biggest names. news 4's brynn gingras is live outside the venue in central park right now. brynn, this is exciting! >> reporter: it is. and i got to do the story. i feel like i won the lottery tonight. the concert is happening right here behind me on summer stage, and preparations are somewhat still under way at this point. but now people are starting
jeff bezos is pushing back. we go out and talk to former employees to find out what they think. >> and lester, did you hear the question. does the company have to be that tough on employees? >> it's when you talk to some of the people, saying it wasn't that bad. but when you go back to a cnbc documentary, it seems to be clear the bar was raised high. in an abusive way, that's yours to interpret. we'll let you see. >> certainly a lot of debate on social media and elsewhere....
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Aug 18, 2015
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jeff bezos doesn't usually respond to criticism but this time he's come tout say the report is falseo urge workers to come directly to him if this is true for any of them. >>> stocks closed up yesterday right now futures seem to be pointing to a lower open. >>> today the fda should rule on what is being nicknamed female vying a the once a day pills target neurotransmitters in the brain meant to increase desire for women with low sex drive n june an fda advisory panel voted in favor of the drug but it has a checkered past. two efforts to come to market have failed and there are questions about the safety and effect tiffness so we'll see. >> 4:48. coming up later on "action news" the traffic stop that turned out to be anything but routine for a seattle police officer. inside the car was a mom in labor. >> an armed suspect was caught on camera trying to rob a philadelphia deli. that story and more of them when "action news" comes back. >> ♪ use parental controls or the v-chip. learn how at thetvboss.org >> ♪ >> i'm still trying to get matt's joke from three minutes ago. let's look outsi
jeff bezos doesn't usually respond to criticism but this time he's come tout say the report is falseo urge workers to come directly to him if this is true for any of them. >>> stocks closed up yesterday right now futures seem to be pointing to a lower open. >>> today the fda should rule on what is being nicknamed female vying a the once a day pills target neurotransmitters in the brain meant to increase desire for women with low sex drive n june an fda advisory panel voted in...