According to Lee’s remark, the company wasn’t profitable from subscriptions, and they most likely died as a result of its cost-cutting initiatives. After recruiting thousands of new employees to meet the increased demand during the COVID lockdowns of the previous years, Amazon increased its planned job cuts in January to encompass 18,000 roles within the corporation. In the recent months, Amazon has also halted development on its second headquarters in Arlington, Virginia, and closed a number of its cashierless Go locations.
