Amazon (AMZN 3.56%) We overinvested in capacity at the start of the pandemic when sales were soaring. We now need to take corrective action to properly size our employee base.
* Stock prices are based on the afternoon of January 5, 2023. The video will be released on January 7, 2023.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Parkev Tatevosian, CFA has no positions in any of the mentioned stocks. The Motley Fool has a position on and recommends Amazon.com. The Motley Fool’s U.S. headquarters has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may receive compensation for promoting its services. If he chooses to subscribe via fool.com/parkev, he can earn extra income to support his channel. His opinions are his own and are not influenced by The Motley Fool.