"Impressing Wall Street"
"That top-line sales figure was the fastest pace of growth since the third quarter of 2022, a potential sign that the business is starting to see accelerating gains. This is especially encouraging given that Amazon saw revenue rise by just 9.4% in 2022, its slowest growth rate in at least the past two decades."
"Not only have the layoffs of 27,000 employees helped reduce expenses, but Amazon has focused on simplifying its distribution capabilities, now operating a regional-based network. The result has been more efficient inventory placement, greater volume density, and lower costs."
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