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Amazon and the worst year since 2000: possible return of Jeff Bezos?

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The Amazon staff cuts, which were confirmed in early 2023, don’t come at a random time for the e-commerce giant. Actually, 2022 hasn’t exactly been the most positive in years For Andy Jassy and associates.

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In this context, as reported by Fortune, there has been a trillion-dollar market value loss for Amazon as well as Amazon recently. Nearly 50% decrease in stock side in 2022 (in that sense because it was the worst year for the company since 2000 or the dot-com bubble). In this context, it is clear that discussions have begun on possible scenarios for 2023.

Among the possibilities holding the most bench Possible return of Jeff BezosAndy Jassy, ​​who left the role of CEO of the company in 2021 and was named, left a place for Andy Jassy, ​​who until then was president of Amazon Web Services. It has been debated for some time why Jeff Bezos is no longer CEO of Amazon, but in such a difficult time, there are those who think that a possible “appropriate” return of the founder may actually happen.

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To assert the hypothesis analyst Michael BatnickEven Bezos, Director of Research at Ritholtz Wealth Management, who told CNBC microphones that he believes such a scenario is plausible, is feeling the effects on a personal wealth level. Also, 2022 marked major events like the return of Bob Iger to Disney and Howard Schultz to Starbucks, so it wouldn’t be an “unprecedented” situation.

Source: Every Eye

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