To avoid holiday shipping delays, Amazon will spend “several billion dollars.”
Amazon, like you, wants to avoid holiday shipping delays. The company announced today that it will spend "multiple billions of dollars" to avoid problems during the holidays, which could include everything from product delivery issues to keeping items in stock. The funds will be used to increase worker pay, reduce shipping costs, and address supply chain issues. Amazon CEO Andy Jassy said today in the company's third-quarter earnings release, "It'll be expensive for us in the short term, but it's the...