Amazon Cuts 16,000 Jobs in Latest Round of Layoffs
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Amazon set to become America's 1st $1T-a-year revenue machine
Amazon is closing in on a milestone that would have sounded outlandish a decade ago: becoming the first company in the United States to generate one trillion dollars in annual sales. The path to that figure runs through a decade of relentless expansion in retail,
At is current pace of growth, Amazon will have over $1 trillion in revenue by 2028. Its growth is likely to be supercharged by artificial intelligence.
Amazon (AMZN) stock has gained about 5.3% over the past five days, at the time of writing, Tuesday afternoon, Jan. 27, according to Yahoo Finance. The company has set a Q4 earnings release for February 5,