Amazon’s 2023 financial journey: Navigating soaring costs, labor uncertainty and strategic network changes
In 2023, Amazon faced escalating transportation expenses, with costs rising 7% to $89.5 billion, up from $83.5 billion in 2022. Despite these financial headwinds, the company’s consolidated net sales experienced substantial growth for the year, soaring to $574.8 billion from just under $514 billion in 2022.. This resulted in a net income of $30.4 billion, […]
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