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October 30, 2020 02:16 am GMT

Amazon pegs COVID-19 costs at an estimated $4 billion next quarter

Amazon expects to incur $4 billion in COVID-related costs next quarter, an estimate that provides a bellwether for other businesses, large and small, trying to stay operational and control expenses amid the pandemic. The upshot: Amazon is planning for COVID to remain an unwelcome companion through the end of the year with costs higher than […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2T4JgKb698o/

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