Last year was one of the worst years in Amazon's (NASDAQ: AMZN) history, as the stock lost half of its value. The company is laying off 18,000 corporate workers and taking other cost-cutting moves, like closing dozens of warehouses and shuttering unprofitable start-up businesses like Amazon Care. 2022 was a transitional year for Amazon, and 2023 is shaping up to be one, as well. Read More...
Last year was one of the worst years in Amazon’s (NASDAQ: AMZN) history, as the stock lost half of its value. The company is laying off 18,000 corporate workers and taking other cost-cutting moves, like closing dozens of warehouses and shuttering unprofitable start-up businesses like Amazon Care. 2022 was a transitional year for Amazon, and 2023 is shaping up to be one, as well.
