Amazon.com Inc said on Thursday some corporate employees will be offered the option to return to office for three days a week and work remotely for the other two days.
Employees in frontline roles such as hardware engineers will continue to work onsite, Amazon said.
Amazon will also give employees the choice to work up to four weeks per year fully remote from a domestic location.
Apple Inc and Google have made similar announcements of moving to a hybrid work week this year.
On the technical front, AMAZON , RSI stood at 61.234, the price is trading Above All the Moving Averages .So, a Buy trade can be executed with the following target and stop-loss:
TRADE SIGNAL- AMAZON – BUY: 3,350.10, TARGET:-3,450.10, STOP LOSS: 3,300.10.