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Amazon is blocking promotions of employees who don't comply with its return-to-office policy, leaked documents show
(www.businessinsider.com)
This is a most excellent place for technology news and articles.
This is my stance as well. You don't lose your job, but why would I promote an employee who disregards policy. You're not being asked to round up Jews. This isn't some evil, "just following orders" moment.
Keep your job, but don't expect to advance in a company who's requests you decline. It's far too entitled to think a person deserve a raise for telling your boss no.