(Reuters) – Amazon.com (NASDAQ:) CEO Andy Jassy said the e-commerce company sees an opportunity to cut costs across its fulfillment network after cutting staff across several divisions in recent months.
“Looking to 2024 (and beyond), we are not done reducing the cost of service. “We have challenged every conventional wisdom in our fulfillment network, re-evaluated every part of it, and found several areas where we believe we can further reduce costs while delivering faster delivery times for customers,” Jassy said in the email. shareholders on Thursday.
Shares of Amazon, which is also the world’s leading provider of cloud computing services, fell about 1% in premarket trading.
The company has laid off hundreds of workers in divisions including Amazon Web Services, Prime Video, healthcare and its Alexa voice assistant unit over the past few months, extending sweeping job cuts over the past two years until 2024.