Amazon sees possible second-quarter loss as it forecasts $4 billion in COVID-19-related costs

Amazon sees possible second-quarter loss as it forecasts $4 billion in COVID-19-related costs

4 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-amazon-com-results/amazon-sees-possible-second-quarter-loss-as-it-forecasts-4-billion-in-covid-19-related-costs-idUSKBN22C3O6

Amazon.com Inc on Thursday said it could post its first quarterly loss in five years because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workers for COVID-19, providing staff with protective gear and raising hourly wages.

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