“ I could not be more proud of what the Cazoo team have achieved over the past four years: 130,000 happy customers, 80% national brand awareness, a five-star customer experience and over £1.2bn in annual revenues – all from a standing start in 2019,” Bentley said of his departure. Cazoo chief customer officer departsĬazoo chief customer officer Darren Bentley is leaving the used car retailer. The number of people working at Amazon has been cut by 10% since March 2022.
The figures were better than had been expected by financial analysts, suggesting Amazon’s reduced headcount is having the desired impact. Strong sales of Amazon’s cloud services, along with a series of cost-cutting measures, combined with its growing ad revenue gave it an operating income of $4.8bn (£3.85nm) in the three months to the end of March. “Our advertising business continues to deliver robust growth, largely due to our ongoing machine learning investments that help customers see relevant information when they engage with us, which in turn delivers unusually strong results for brands,” claims Amazon CEO Andy Jassy. Ad revenues jump at Amazon as machine learning pays offĪdvertising revenue at Amazon rose by 23% during the first three months of 2023 compared to the same period last year, according to first quarter results from the brand.
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