Amazon bull: Wouldn't be surprised by 'additional headcount reductions'
Nick Jones, JMP Securities Equity Research Analyst, discusses what the Street wants from Amazon and how they can better navigate macroeconomic headwinds.
You can see the entire interview here.
Key Video Takeaways
0:00 On what Amazon needs to invest in
0:12 On Amazon's strong balance sheet.
- They need to make investments in advertising and cloud, continue to make investments in retail to continue to grow those businesses longer term versus kind of dealing with near-term pain. They have a strong balance sheet. They can navigate this. It's really just what the Street wants out of Amazon today. All of that said, would not be surprised to see additional headcount reduction.