Amazon plans to open new warehouses and hire more people in Europe, an executive said Tuesday, even as reduced consumer spending forces the tech giant to cut costs globally and lay off some employees.
Amazon has invested 142 billion euros ($156 billion) in Europe since 2010, its growth in the region fueled in recent years by Covid-19 lockdowns that fueled online shopping. Stefano Perego, vice president of global operations for North America and Europe, said Amazon’s presence in Europe would grow from more than 70 fulfillment centers currently, though he declined to say how many new warehouses are planned or where, saying only that the company is guided. by customer demand.
The expansion is part of Amazon’s drive to increase efficiencies by reducing delivery distances and making fulfillment centers more automated. As a debate swirls around artificial intelligence and its potential risks, Perego, speaking at a conference in Barcelona, said AI is a force for good.
