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Amazon stops charity donation program as cost cuts continue
https://www.whatjobs.com/news/usa/us-business-news/amazon-stops-charity-donation-program-as-cost-cuts-continue
By Nagasunder in Amazon News, posted January 20, 2023
Amazon will discontinue its charity donation program as it continues to cut costs.
AmazonSmile is a program where the company donates a percentage of eligible purchases made on the site to the customer's chosen charity.
It was introduced in 2013 and has seen around $500 million donated to charities.
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But Amazon now intends to discontinue AmazonSmile by February 20, according to a notice to customers posted on the company's website.
The statement said: “After almost a decade, the program has not grown to create the impact that we had originally hope.“
"With so many eligible organizations -- more than 1 million globally -- our ability to have an impact was often spread too thin.”
The average donation to charities was less than $230, Amazon said.
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Amazon will keep investing in areas where it can "create a substantial difference," such as helping with relief efforts for natural disasters, initiatives for affordable housing, and community support programs.
In addition to implementing a recruiting freeze throughout its corporate employees, Amazon has started the largest round of layoffs in company history.
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As Jassy has attempted to control costs, the company has put a stop to warehouse expansion and canceled a few test initiatives, including its healthcare service and a quirky, kid-friendly video conferencing device.
Source: CNBC
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