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Amazon to shut down speedy brick-and-mortar delivery service - TL;DR CNBC

Amazon to shut down speedy brick-and-mortar delivery service

Publishing timestamp: 2024-10-22 19:45:04


Summary

Amazon is shutting down its same-day delivery service from mall and brick-and-mortar retailers, called Amazon Today, as part of cost-cutting efforts. The closure will result in layoffs and the winding down of the program by January 2025. CEO Andy Jassy has been cutting costs across the company since 2022, leading to the largest layoffs in Amazon's history.


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Keywords: internetbreaking news: technologyamazon.com incbusiness newspetco health and wellness company inctechnology

Source: https://www.cnbc.com/2024/10/22/amazon-to-shut-down-speedy-brick-and-mortar-today-delivery-service.html


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