Amazon Weighs Changes at Alexa and Other Unprofitable Businesses

From a Wall Street Journal story by Dana Mattioli, Sebastian Herrera, and Jessica Toonkel headlined “Amazon, in Broad Cost-Cutting Review, Weighs Changes at Alexa and Other Unprofitable Units”: Inc. Chief Executive Andy Jassy is leading a cost-cutting review of the tech giant and paring back on businesses at the company that haven’t been profitable.

As part of the monthslong cost-cutting review, Amazon’s leadership is closely evaluating its Alexa business, according to some of the people. The business has more than 10,000 employees and is a major recipient of investment capital, some of the people said. Internal documents viewed by The Wall Street Journal show that in some recent years Amazon’s devices unit, which includes Alexa, had an operating loss of more than $5 billion a year.