What do you think of $AMZN Massive Lay-off?


Amazon is firing a lot of people. So far, these are the facts about the topic:

1) 18,000 – the number of employees Amazon is reported to cut off. This is a significant number of people, and it's causing concern and worry for many people.

2) Economic slowdown – the main reason cited for the layoffs.

3) $8 billion – the amount of unsecured loan borrowed by the company to help fill the gap caused by the layoffs. Without a doubt, this is a significant sum of money and shows the extent of the impact the economic slowdown is having on the company.

Would you still buy $AMZN?


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