What Amazon and Walmart are Doing * Right Now* Says it ALL
Amazon Issues Layoffs, Reduces Warehouse Space by 10,000,000 square feet and MORE.. Add me on insta @ThisisJohnWilliams
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When people think of Amazon or Amazon Stock they think of a strong and stable company with massive potential. They taken over the e-commerce space and to this day many people want to buy or sell on Amazon; in fact many experts sell courses and training on how to sell on amazon. Some of these people who sell on amazon with their own stores make millions of dollars per year.
However what is happening now could be a game changer for the entire e-commerce giant. They are reducing their US warehouse space by 10,000,000 square feet as they miss earnings and prepare for an economy that is less optimistic and full of cash. This will be a great Segway for them to enter automation and robotics so that they can cut costs, become more costs effective and erode small business margins due to the inflationary pressures that employers are feeling with increased employee wages.
This to me is the end of small business, we are entering that era where in the next five years we will see most small businesses either grow and flourish or fail as more and more large corporations like Amazon, Walmart and Target begin to take over other industries and become the only leading provider with e-commerce deliveries and prompt service.
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