Amazon.com Executive Chair Jeffrey P Bezos Sells Over $2 Billion in Shares
Amazon.com, Inc. (NASDAQ:AMZN) Executive Chair Jeffrey P Bezos has sold a significant number of shares, earning over $2 billion in the process. Bezos sold a total of 11,997,698 shares at an average price of $169.50. This sell-off comes as Amazon.com announces plans to lay off hundreds of employees in its One Medical and Pharmacy units as part of a cost-cutting initiative.
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