lightsongtheold t1_iu20gc1 wrote on October 27, 2022 at 11:33 PM

I thought the problem for Amazon was investing billions into buying companies that have absolutely tanked and the write offs have been happening all of 2022?

BlackKnight2000 t1_iu43wu6 wrote on October 28, 2022 at 12:29 PM

That’s part of it, yeah:

> “There is obviously a lot happening in the macroeconomic environment, and we’ll balance our investments to be more streamlined without compromising our key long-term, strategic bets,” Jassy said.