Amazon will spend ‘a number of billion {dollars}’ to keep away from vacation delivery delays


Illustration by Alex Castro / The Verge

Amazon desires to keep away from vacation delivery delays as a lot as you do. The corporate mentioned in the present day that it plans to spend “a number of billion {dollars}” to keep away from issues through the holidays, which could lengthen from product supply points to holding gadgets in inventory. The cash shall be spent on elevated pay for employees, heightened delivery prices, and mitigating provide chain points.

“It’ll be costly for us within the brief time period, nevertheless it’s the fitting prioritization for our prospects and companions,” Amazon CEO Andy Jassy mentioned in the present day within the firm’s third-quarter earnings launch.

The large spending comes as each a promise and a warning. Amazon’s earnings disenchanted traders with a major dip in quarterly income from final 12 months. That’s largely resulting from…

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