Tag: VBA
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TL;DR: Amazon Earnings 4Q22 – Shrinking The Echo Division
What got lost re. Amazon‘s 4Q22 earnings: the 18K layoffs were focused on stores and on *devices* – meaning the #Echo division, which, according to The Economist, lost $2B annually. This could mean that voice-based assistants (#VBA) are slower in coming and/or don’t have a clear business case. Short term, we can perhaps slow down…