Amazon Go Shut Of Its 8 Go Stores In The America As Part Of Its Cost Cutting Efforts

Amazon Go Stores Closing: Big news related to Amazon, one of the world’s leading tech companies, is coming out. Amazon company is now taking concrete steps to reduce its cost. Amazon is going to completely shut down its 8 Go Stores in the US. This decision of the company has been taken for the purpose of cutting costs. The company’s senior executives believe that it is right to close the Amazon Go stores in Seattle, New York City and San Francisco at this time. The company is no longer earning much from this store.

lay off 18,000 employees

According to IANS, Amazon Inc has started the biggest layoff of over 18,000 employees of the e-retail giant in January 2023. The company’s CEO Andy Jassy said the job cuts would affect about 6 percent of the company’s approximately 300,000 corporate employees, mostly employees in the e-commerce and human resources divisions.

These stores will be closed from April 1

Tech giant Amazon is going to close 2 Go stores in New York City, 2 locations in Seattle and 4 stores in San Francisco on April 1 next month. The Amazon company says it will work to help all affected employees secure other roles in the company.

Fresh grocery chain banned

CEO Andy Jesse said that the company is going to temporarily stop the expansion of Fresh Grocery Chain. until it finds a format that resonates with customers. It is known that in 2018, the first Amazon Go store was opened to the general public at the company’s headquarters in Seattle.

decided because of

Amazon Spokesperson Jessica Martin says that, like any physical retailer, we periodically assess the store’s portfolio. And then go and take a decision. Martin said that, we have decided to close some Amazon Go stores in Seattle, New York City and San Francisco. We are committed to the Amazon Go format, operating more than 20 Amazon Go stores across the United States.

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