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The e-commerce giant overinvested during the early stages of the pandemic and now is reversing those increases.
Amazon's (AMZN -2.55%) employee reduction is small compared with its total head count. This video will highlight what the latest moves could mean for Amazon stock investors.
*Stock prices used were the afternoon prices of Feb. 5, 2023. The video was published on Feb. 8, 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 position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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