Amazon axes charity program amid wider cost-cutting moves

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Amazon axes charity program amid wider cost-cutting moves
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AmazonSmile will shut down by Feb. 20 because it had “not grown to create the impact” the retailer had hoped.

cost-cutting moveIn a blog post on Wednesday, the company said the program, called AmazonSmile, will shut down by Feb. 20 because it had “not grown to create the impact” the retailer had hoped.

“With so many eligible organizations — more than 1 million globally — our ability to have an impact was often spread too thin,” the company said.and axing different areas of its business in an effort to trim costs. Other tech companies, such as Facebook parent Meta and Salesforce, are also letting workers go after ramping up hiring over the past couple of years, when the pandemic made consumers increasingly reliant on the tech sector.

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