Andy Jassy

Amazon Pauses Construction of New Virginia HQ amid Revenue Losses

Amazon Pauses Construction of New Virginia HQ amid Revenue Losses

Online retail giant Amazon has paused the construction of its new headquarters in Virginia as revenue losses weigh heavily on the company. The facility in Arlington, Virginia would be Amazon's second headquarters. But a poor 2022 financial performance, that saw the company register over $2 billion in losses, has scuppered…
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