A few days ago, Amazon CEO Andy Jassy (Andy Jassy) said that the company's top priority now is to return to a relatively healthy profitability.

On Wednesday local time, Amazon held its annual shareholder meeting, and Jassy attended the meeting. This is also his first shareholder meeting since he replaced Bezos as Amazon CEO last July.

Jassy told shareholders that management has successfully reduced its cost structure, and as the company has gone through the last two unusual years, he is confident that the company will be able to return to normal profitability.

In addition, Jassy also confirmed that the company plans to cut some logistics warehouses to solve the problem of excess facilities.

Jassy said at the general meeting of shareholders that the management is taking a series of measures. For markets that do not need to expand, the company will suspend the warehouse construction plan, and in other places the lease will not be renewed after the end of the lease period. "But I also believe that , we can continue to grow our business on the basis of our current brick-and-mortar facilities.”