Amazon’s downtown Seattle campus is seen Thursday, Aug. 5, 2021 after the company announced it is pushing back a return to the office for workers until January 2022. 217842 (Ken Lambert / The Seattle Times)
(Ken Lambert / The Seattle Times)
Business

Amazon stock drops double digits as it prepares to ‘tighten its belt’

Amazon told investors Thursday it is preparing for a period of slowing growth, pausing hiring and winding down some products and services.

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