Thursday, December 1, 2022

What? Amazon Closing Down...


What? Amazon Closing Down... https://youtu.be/DY7eWBfro1g As the start of the year approaches, fears of a sharp drop in economic activity are growing, and the world's largest e-commerce retailer, Amazon, has announced the closure of several brick-and-mortar locations, shut down warehouses, sharply reverse its head counts and look for other job placements. Jeff Bezos, founder and former CEO, warned consumers that the economy in 2019 will be worse than in 2018. As the holiday season draws near, investors are increasingly concerned about the future of the world economy following a fierce economic downturn. Amazon senior vice president and founder Jeff Bezos issued an ominous warning, telling the world to "watch out for a depression that only seems to come every few decades.” The holiday season grows nearer, with fears these days of a sharp worldwide downturn growing. And now among the world's biggest online retailers, [Amazon.com](http://amazon.com/), it has shuttered a number of brick-and-mortar shops worldwide, closed warehouses, dramatically reduced its head counts and revoked all development plans due to plummeting sales. Founder Bezos recently shared an ominous warning to Amazon consumers, stating that this drop would likely be exponential over the next few months. For more financial planning info ➤ https://ift.tt/oQGMZc0 Tyler Pratt

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