Per Business Standard and CNN
Amazon founder Jeff Bezos warns consumers to "slow down" on purchases and "keep that cash, see what happens."
The founder advised against purchasing a big-screen TV saying, "you might want to wait, hold onto your money."
The new CEO of Amazon, Andy Jassy, says the company will continue firing employees until 2023. The company aims to fire 10,000 employees in corporate and tech jobs.
Amazon shares have fallen 40% YTD for 2022.
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