Amazon is reporting a 3.8 billion dollar loss for the quarter
The retail giant’s shares plunged around 9 per cent in extended trading on Thursday, after the company issued its revenue forecast.
CEO Andy Jassy says the pandemic and war in Ukraine have brought a series of challenges for the company.
But he says there is hope, and Amazon is “squarely focused” on offsetting costs in its network.
It comes as its staff and warehousing capacities bounce back to pre-pandemic levels.
