Amazon Went Big During the Pandemic. Now It’s Feeling the Hangover.

To keep up with increased demand during the pandemic, Amazon hired hundreds of thousands of people and massively expanded its logistics network. Now, demand is falling, creating a problem for the company’s new CEO, Andy Jassy. WSJ’s Dana Mattioli explains how Jassy is trying to scale back. Further Reading: - Andy Jassy’s First Year at Amazon: Undoing Bezos-Led Overexpansion  Further Listening: - Amazon After Bezos  Learn more about your ad choices. Visit megaphone.fm/adchoices