Amazon will go bankrupt one day, Jeff Bezos, the CEO of the e-commerce colossus worth almost $1 trillion, told his employees in a stunning admission.
“Amazon is not too big to fail,” Bezos said last week during an all-hands meeting in Seattle, where someone asked him about the company’s future, according to a recording heard by CNBC.
“In fact, I predict one day Amazon will fail. Amazon will go bankrupt. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years,” he said, days before the company announced its plan to venture into Queens.
Read more at NY POST.
{Matzav.com}
That’s why they shouldn’t be allowed to come into Queens and rip off the New York taxpayers.
But but but. He is still nibble slave of duck tight hate. Graphic bone head. The Trumps know our friends.
English please, not gibberish.
Hope it happens soon. Small businesses are the key to community and generating local tax revenue.
Is the government still paying $1.46 for each USPS package they send out? And has Amazon started paying full tax like other retailers?