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Amazon to lay off 10K employees, FTX saga update, Shopify's reverse AR platform & more | E1612
This Week in Startups
Is Amazon Doing a Single Thing That's Not Profitable?
Molly O'Brien: I think Amazon stock has been getting clobbered and this would be an effort to make the stock rebound to show Wall Street. "I just don't understand how we're going to have a recession if there's 10 million job openings," she says. 'It's totally fine to say when things are tough, you look at the business, the parts of your business that are not that necessary,' he adds. But like other than that car pressure act, is Apple doing a single thing that's not profitable? No, they're super profitable.
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