Amazon will spend 4 billion on Corona Crisis

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.