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54,696 Views • Jun 22, 2022 • Click to toggle off description
This man, Andy Jassy, is the new man in charge, and he has his work cut out for them.
During the pandemic, most companies sought to play it safe, but back spending, and see what would happen to weather the storm.
Of course, also during that time, e-commerce was skyrocketing as people preferred online delivery, and in many cases it was the only option
So, Bezos decided to pour a lot of money into continuing to expand the e-commerce part of the business, which is now looking to be a bit of a bad idea.
Jassy is now tasked with cleaning up Bezos’ mess, and he’s now focused on cutting spending, breaking leases, and pulling back changes which have now resulted in some of the worst financial performances the company has faced in its history.
And sorry Andy. If you need to reach Jeff for anything, you’ll have to wait for him to get back to earth.
#Shorts
Link To The Capitalists Discord where I hang out with other creators - discord.gg/8MeNJ7gfSR
Music by Epidemic Sound
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Views : 54,696
Genre: Education
License: Standard YouTube License
Uploaded At Jun 22, 2022 ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 4.953 (28/2,358 LTDR)
98.83% of the users lieked the video!!
1.17% of the users dislieked the video!!
User score: 98.25- Masterpiece Video
RYD date created : 2023-01-01T17:07:17.617467Z
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54 Comments
Top Comments of this video!! :3
Amazon is like the index, wether the average citizen is spending more or less by looking at their profits/growth
40 |
Amazing what money and TRT can do!
22 |
What does the guy in the thumbnail have to do with all this? It's kind of generic and Random
58 |
I thought the black dude replaced him
26 |
Can you go more in depth on why the decision to go more into e-commerce backfired?
11 |
Maybe treat Amazon warehouse workers like actual humans, ya know? Would be grand if these rich folks did that.
18 |
Austerity is not a long term option for a failing nation (US). As soon as the FED reverses course Bezos' moves will be considered aggressive but hardly a mistake, he was handed a massive lead in ecommerce and expanded to meet that future demand.
1 |
Why is spending money on e commerce bad ?
4 |
Just open up a few stores across the country, use the e-commerce as the internet marketing side and what can be transfered to shipping and distributing items as needed , who knows they could corner the online market and set up shop in physical retail stores thus expanding their reach . Anything they can't sell or have a surplus just off load it to a third party like eBay or a chain supermarket. Use what you have to your advantage instead of throwing it away because it's not as relevant to the plan moving forward , who knows it could be the key to the door you have been wanting to unlock.
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normally love your content mate, but what exactly is the point of this short? The title comes across like you have something bad about the man Bezos chose to save Amazon, but instead it offered no real insight and in fact it's Jeff's mess that he has to clean up
3 |
Isnit just me but he kinda looked built on the yacht
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Beasauce
5 |
at least he didn't fraud his partners by taking credit for their ideas and claiming to be the man who built them 😂 you know who I'm talking abou
2 |
Bezoz is living his best life. I can't hate o him.
2 |
Okay, but why did he chose Andy?
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the company still has nice cash reserves so they will probably be fine
2 |
this is out dated, Andy has stepped down to a knew CEO within a week ago. No new changes yet
3 |
Effin clickbait thumbnail
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Damn Jeff Bezoz' isn't half bad.
1 |
@RextheRebel
2 years ago
He truly is the real life Lex Luthor. Only way richer.
11 |