- Amazon urged frugality in an all-hands meeting this week, according to excerpts reviewed by Insider.Amazon's leadership team urged employees to "double down on frugality" in an internal all-hands meeting this week, according to slides and excerpts viewed by Insider.Specific strategies outlined in the slides included:- Maintain cash balances and liquidity- Adjust inventory levels to meet demand- Reduce discretionary costs not tied to customers- Adjust hiring based on business needs and priorities- Prioritize customer experience over new initiatives- Double down on frugalityAmazon Chief Financial Officer Brian Olsavsky during the meeting said the company nearly doubled its operational capacity from 2020 to 2021, and must now be more frugal to manage costs, according to an employee who was present.Jassy pointed to several long-term initiatives, like Alexa and groceries, that will keep getting funded, but warned that Amazon will have to find the right balance by being "strategically patient and tactically impatient."Concerns about Amazon entering "Day 2," in reference to a slowing culture, extra management layers, and rising red tape, has been a growing concern among the company's corporate workforce, as Insider previously reported."