Jeff Bezos Says People Should Stop Buying Big-Ticket Items Right Now (and It Has Nothing to Do With Upcoming Prime Sales)But the billionaire still claims the American Dream is and will be "attainable."
ByAmanda Breen•
Withinflationand recession on the mind, many Americans are scaling back.
And they should be, saysAmazon和蓝色起源的创始人Jeff Bezos. The billionaire businessman toldCNNthat people should hold off on major purchases like new cars and televisions in case a lengthy economic downturn comes to pass.
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Similarly, small businesses should avoid spending large amounts of capital or making sizable acquisitions at this point, he told the outlet.
即使是最大的公司也感受到了《e, especially in the hard-hit tech industry. Elon Musk'sTwitter laid off 3,700 people(about half its staff); Mark Zuckerberg'sMeta slashed 11,000 jobs.
Just yesterday, Amazon — down more than 40% year over year — announced it wouldcut approximately 10,000 employees, following a hiring freeze instated last month.
Having some extra cash on hand can benefit individuals and organizations alike amid so much economic uncertainty. "Take some risk off the table," Bezos told CNN. "Just a little bit of risk reduction could make the difference."
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The billionaire, who was once the richest man in the world, also said he's still a big believer in an "attainable" American Dream.
