Leaked internal documents show Amazon will likely continue to slow growth next year amidst cost-cutting and anticipation of a severe economic downturn

Dec 22 2022 by Business Insider

 
Amazon's executives are preparing for an uncertain economy by cutting costs and increasing profit margins.

Eduardo Munoz Avarez/AP

Amazon's economists expect the company's growth to slow as cost cuts continue. They said Amazon's growth and profitability have historically been "negatively correlated." The forecast was part of an internal 12-page macroeconomic analysis created in November.

Amazon is cutting costs across the board in anticipation of a severe economic downturn.

That likely means...

Continue Reading Leaked internal documents show Amazon will likely continue to slow growth next year amidst cost-cutting and anticipation of a severe economic downturn