![]() ![]() Net sales for the current quarter were expected to be between $US100 billion ($131 billion) and $US106 billion ($139 billion). Andy Jassy, who speaks in quiet tones and moves through Amazon ’s Seattle headquarters in jeans, untucked button-downs, and sneakers, appears to be the polar opposite. Read our full coverage of the coronavirus pandemic ![]() The company has taken an array of COVID-19 precautions and written to government officials - including US President Joe Biden - saying it was eager to offer vaccine shots to staff.Ī boost in revenue came from moving Amazon's marketing event Prime Day - usually in July - to October, lengthening the holiday shopping season. WSJ reporter Dana Mattioli joins host Zoe Thomas to discuss how Jassy handled his first year and what it means for Amazons future. It’s all change at Amazon this week as its gazillionaire founder Jeff Bezos hands over the running of his vast baby to his key lieutenant and cloud computing hero Andy Jassy. Tracking Australia's COVID vaccine rollout.The 'concerning' divide in Australians' attitudes to vaccines.Others at Amazon's Bessemer, Alabama, warehouse hope to be the first at the company to unionise in the United States, with an election to begin next week.Ĭhief financial officer Brian Olsavsky told reporters that costs associated with the pandemic in the first quarter were expected to total $US2 billion ($2.6 billion), down from $US4 billion ($5.2 billion) in the fourth quarter, as shopping volumes decrease. In his first 100 days, Jassy must improve working conditions and relations with marketplace sellers. Some workers protested and demanded facility closures. The former AWS boss Andy Jassy will become Amazon CEO on Monday, replacing the founder Jeff Bezos. That placed the Seattle-based company in a difficult position as more than 19,000 staff contracted COVID-19 as of September. While brick-and-mortar shops closed their doors, Amazon recruited more than 400,000 more workers to keep up with demand. Since the start of the US coronavirus outbreak, consumers have turned to Amazon for delivery of home staples and medical supplies. However, Andy Jassy, 53, is reported to be a close. Meanwhile Amazon's e-commerce business has never been so big. Jeff Bezos is stepping down as Amazon boss later this year and handing the reins to a company executive few of the public will recognise. ![]()
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