Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Jeff Bezo's Resignation to Redemption?

It's been well over a year since the founder of $Amazon(AMZN.US)$ resigned from his Chairman position which has sent the company's share value plummeting to one of the world's most drastic decreases. While the transition seemed smooth, amid the epidemic that feuled e-commerce, the company has seen a downward trend losing well over 10% of its share value and 3% of its employees.
Despite the far cry, Amazon remains one of the most influential companies around the world and continues to thrive in terms of accessibility, consumer relations and enviornmental impact. So what's the problem?
Of course, this is all speculation at this point because Jeff Bezos himself has said that he has no plans to return as CEO of Amazon as he focuses on his other ventures including Blue Origin, an Aerospace company. A return of Jeff Bezos is likely to conclude visionary leadership, relentless innovation, and customer-centric focus that has been the core of the company since its original development. This is what many believe to be the restoring value that Amazon needs.
The company faces some existing challenges that could use the experience and intellectual insight of Jeff Bezos including antitrust violations, labor abuses, and more elaborate enviornmental harm despite the eco-conscious effort currently in place for the company. These are controversies that Amazon could easily navigate through as the company enters into a new phase of growth and diversification.
Ultimately, the decision of whether or not Jeff Bezos should return to Amazon is up to the company's board of directors and shareholders. However, it's clear that his return would be a major boon for the company's stock and could help bring Amazon back to its former glory. Only time will tell if Jeff Bezos will return, but it's a decision that will have significant implications for the future of the company.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
Translate
Report
5810 Views
Comment
Sign in to post a comment
    Share holders & Investors; they are visionaries who have a knack for making their dreams of financial freedom a reality.
    40Followers
    23Following
    124Visitors
    Follow