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Amazon cost cuts under Jassy reflect changing reality after 25 years of growth over profit

Por: CNBC Tech October 12, 2022

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Andy Jassy, CEO of Amazon and then CEO of Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016.Mike Blake ReutersThroughout its first 25 years as a public company, has operated under a singular mantra, often to the chagrin of Wall Street: growth is more important than profits.Founder laid out that strategy in his in 1997.We will continue to make investment decisions in light of long-term market... + full article



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