Amazon expects to invest $4B from April to June on COVID initiatives - InvestingChannel

Amazon expects to invest $4B from April to June on COVID initiatives

Amazon.com said in a blog post, “We’ve invested heavily in safety since this crisis began, and expect to invest approximately $4 billion from April to June on COVID-related initiatives. This includes more than $800 million in the first half of the year on safety measures, with investments in personal protective equipment for employees and customers, enhanced cleaning of our facilities, less efficient process paths that better allow for effective social distancing, and more. And for our grocery customers and employees, we’ve instituted new health and safety measures in our stores, including plexiglass barriers between cashiers and customers at checkout, restricting the number of customers and employees allowed in the store at one time, changing store hours to allow for more time to sanitize and restock shelves, and more, which you can learn about in our blog about how we’re helping customers get groceries.”