Cat9 Trade Setups For This Coming Week

PeregrineTrader · March 20, 2023, 11:52pm

Adding Amazon to the watchlist.

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See this post for some news for Amazon:

$AMZN: Amazon to Cut 9,000 More Jobs After Earlier Layoffs CEO Andy Jassy cites an ‘uncertain economy’ and more uncertainty in the near future Destiny Solutions Corporation

https://archive.ph/rJ7xz [Screenshot (262)] Amazon invested heavily in expanding its head count during the early part of the Covid-19 pandemic as people shifted much of their shopping online. It added hundreds of thousands of workers. When demand began to fall off as consumers returned to bricks-and-mortar stores, Amazon cut back in areas of the business that were unprofitable and froze hiring. Mr. Jassy said the 9,000 additional job cuts weren’t announced earlier because some teams hadn’t c…