‘Amazon will go bankrupt’, CEO shock announcement

Amazon is a US electronic commerce,the biggest internet company in the world. Likewise it has a USD 177.9 billion (2017) revenue and 3 bilions of profit in in growth of 30% and over 600,000 employees.

What happen?

the CEO of Amazon, Jeff Bezos
the CEO of Amazon, Jeff Bezos

Arousing the shock response of the CEO of Amazon, Jeff Bezos is a questtion. During a meeting heard by CNBC.

A employee asked him about the future of his company after the failure of the world’s largest retail chain, Sears.                                                                                      Consequently Bezos replied that

Amazon is not too big to fail – in fact, I predict one day Amazon will fail”        

If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years.”

Moreover, Jeff have you that if Amazon starts to think about herself and not to customers. Consequently then it will be the beginning of the end:

If we start to focus on ourselves, instead of focusing on our customers, that will be the beginning of the end,” he said in the recording.

 

To sum up, Amazon will fail and the goal of its Jeff Bezos is to delay this date as much as possible

The CEO of Amazon, Jeff Bezos
The CEO of Amazon, Jeff Bezos

Leave a Reply

Translate »