Amazon CFO describes gut-wrenching COVID-19 experience thanks workers - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Amazon's CFO gave a 5-minute earnings call intro on a 'gut-wrenching' 2 months scrambling to address demand spikes and worker safety

All of these issues, however, are having little impact on Amazon's top-line growth. Amazon'sfar exceeded street expectations, as more people shopped online during the outbreak. But the increased demand is weighing on Amazon's costs, as it needs to hire more people and spend on additional logistical measures to meet the demand.

I'd like to give you some insight into what we have seen in Amazon and how we are responding to this crisis. Beginning in early March, we experienced a major surge in customer demand, particularly for household staples and other essential products across categories such as health and personal care, groceries and even home office supplies. At the same time, we saw lower demand for discretionary items such as apparel, shoes and wireless products.

We increased grocery delivery capacity by more than [ 60% ] and expanded in-store pickup at Whole Food stores from over -- from 80 stores to more than 150 stores. And other Amazon team shifted their focus to directly helping customers in the overall effort to fight the COVID virus.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 729. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Amazon, Walmart, Target workers to strike over COVID-19 working conditions - Business InsiderAn unprecedented coalition of workers from Amazon, Walmart, FedEx, Target, Instacart, and Whole Foods are going on strike over pandemic working conditions
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Amazon says it's spending over $4 billion on COVID-19 protections - Business InsiderAmazon says it's spending $4 billion or more this quarter on COVID-19 including worker protections like testing, right before workers plan to strike I’m calling BS Why? Follow the 'money' trail? Since when multibillionaires ever 'cared' about regular folk? Some of the 'wealthiest' are all of a sudden 'investing' in COVID19. Hmmm. Isis Why doesn't he throw a billion over to the USPS?
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »