Jiaxi

Phoenix Technology News Beijing time on May 26th, after the slowdown in retail sales and rising costs eroded Amazon's latest quarterly performance, Amazon CEO Andy & Middot; Andy Jassy said at a shareholders meeting on Wednesday that the company will be Focus on returning to "healthy profitability".

This is the first time that Jiaxi has participated in the shareholders' meeting since it took over Amazon CEO in July last year. "We have previously effectively reduced the cost structure. I am convinced that as we have survived this extremely unusual two years, we will return to the right track." He said.

When Jiaxi took over Amazon's power, the company was in a period of turbulence. It was originally due to the new crown pneumonia epidemic, and then the inflation, rising interest rates, and the Ukrainian war began to cause damage to the economy. Amazon has strengthened testing and cleaning, and has taken other security measures for front -line employees, which has undertaken billions of dollars related to epidemic. The company also doubled the warehouse area and added recruitment to respond to the surge in online orders.

Last month, Jiaxi said in an interview that the cost of inflation, new crown pneumonia, and the cost of Ukrainian war were too high, resulting in the company's unbearable. (Author/Xiao Yu)

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