Sam Becker / Fast Company
Amazon stock takes a beating amid lower profits and weak guidance for the holiday season – Net income fell to $2.9 billion, compared to $3.2 billion a year ago. CEO Andy Jassy hinted at a more streamlined future. Amazon reported mixed Q3 earnings on Thursday, and Wall Street did not respond kindly. The online retail giant said revenue was $127.1 billion, an increase of 15% year-over-year, …
