7
Amazon starts cost-cutting review, could target unprofitable units
source link: https://nextbigwhat.com/amazon-starts-cost-cutting-review-could-target-unprofitable-units/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Home News Amazon starts cost-cutting review, could target unprofitable units
Amazon starts cost-cutting review, could target unprofitable units
- November 11, 2022
Amazon CEO Andy Jassy is leading a cost-cutting review of the tech giant and paring back on businesses at the company that haven’t been profitable.
As part of the monthslong cost-cutting review, Amazon is closely evaluating its Alexa business. In some recent years Amazon’s devices unit, which includes Alexa, had an operating loss of more than $5 billion a year.
I like thisUnlikeUpvoteI dislike thisUndislike
[Via]
Download CHAI: Short news app created for busy professionals like you
Get CHAI App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !
Sign Up for NextBigWhat Newsletter
Daily.
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK