Amazon is cutting hundreds of jobs at its two health-focused companies, One Medical and Amazon Pharmacy, suggesting that even Amazon's top brass is considering an entry. Medical billing or telemedicine It may not be the best idea for future strategy.
around business insider (paywall, via CNBC), One Medical plans to sell around 39 million yen in July 2022 after acquiring prescription bulk delivery service PillPack in 2018 as part of a “multi-year effort to grow its presence in the healthcare space.” Acquired by Amazon for $1 billion.
And now, perhaps regretting this acquisition (although, like everyone, I hope it's not on this scale), Amazon CEO Andy Jassy has announced that he has more than 27,000 employees worldwide. After the layoffs are carried out, they are lumped together with a multi-year layoff. A sickly giant company from 2022 to his 2023, Undisclosed 'small number' of Amazon pharmacy employees.
Amazon's layoffs expand further
Neil Lindsey, head of Amazon Health Services, broke the news in a wordy but little specific employee memo.
“As we continue to make it easier for people to get and stay healthy, we are identifying areas where we can redeploy resources and creating innovations and experiences that directly impact our customers and members of all ages. ,” he said. . “Unfortunately, these changes will result in the elimination of hundreds of roles across One Medical and Amazon Pharmacy.”
“Investing in invention” and “relocating resources” (absolutely top-class spin, Amazon PR droid) inevitably equates to shutting down entire departments based on “jack of all trades, master of none” Is not it? Time will tell.
CNBC Lindsay reported that in a separate statement, Amazon indicated it would continue to invest in health care.
Analysis: Water leaking from a ship in the Amazon?
Even some of this story as we know it has been set in motion by leaks. “We typically wait to hear about these results until we can speak to those directly affected,” Lindsay said in a company memo. Since it was leaked, I wanted to hear the details directly.”
In CNBC's words, Jassy is “targeting some of the company's newer, less proven bets.”all the while keep betting and lash out at loved ones In proper junkie fashion.
So we should probably expect more leaks to occur and redundancies to continue until profits improve, but of course the ship never ultimately sinks. Because he (capitalism) said to Noah, “Build an online store to sell books,” and Noah said, “Yes, buddy,” and the rest is history, and he (capitalism) said, “Yes, buddy.” principle) gave his (capitalism's) blessing for all the other resulting atrocities.