Amazon will spend 4 billion on Corona Crisis

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Amazon is already keeping a close eye on delivering products to its customers and protecting the health of warehouse workers. As a result of the first quarter, the online retail giant highlighted both issues. But the company will spend at least 4 billion to prevent coronavirus next quarter. News Senate.

Amazon CEO and founder Jeff Bezos shared this information. “If you own Amazon’s shares, stay calm, because we’re not thinking of anything small,” he wrote. If all went well, we could have made about 4 billion or more in the second quarter. But now the situation is not normal. Instead, we plan to spend a full 4 billion or more on Covid-19.

The costs include higher staff salaries, safety gear such as face masks and the ability to build Covid-19 testing capabilities inside Amazon. As a result, the company may face financial losses in the second quarter.