Amazon’s holiday-quarter forecast disappoints as labour, supply issues mount

October 29, 2021 7:15 AM

PALO ALTO, CALIFORNIA (REUTERS) – Amazon.com on Thursday (Oct 28) reported a slump in profit that it expects will continue through the holiday quarter, as higher wages and spending to attract workers diminish the company’s windfall from online shopping.

Source : http://www.straitstimes.com/business/companies-markets/amazons-holiday-quarter-forecast-disappoints-as-labour-supply-issues