Amazon CEO Jeff Bezos announced his resignation

American businessman and one of the richest inhabitants of the planet Jeff Bezos announced that he intends to leave the posts of head of the company Amazon… This is stated in the official press release, which was intended for investors.

According to the preliminary plan, the transition period will end in September 2023. Bezos will be succeeded by current leader Amazon Web Services Andy Yassi, and the billionaire himself plans to take the post of executive chairman of the company’s board of directors.

Jeff Bezos has led Amazon for over 25 years. During this time, the company has become one of the largest in the world (capitalization exceeds 1.7 trillion US dollars), becoming the personification of Big Tech not only positively, but also negatively.

According to the businessman, in his new post he intends to focus on the development of new products and promising initiatives.

“I hope you are as proud of our ingenuity as I am,” added Bezos.

The need to transform at Amazon is long overdue. In particular, the company is experiencing serious problems in the video game market.

On the one hand, Amazon serves 90% of the industry with online services, dedicated servers, and multiplayer gaming solutions. However, the company did not manage to release its own projects, although it burns $ 500 million for development annually (according to Bloomberg).

Released in 2023 multiplayer shooter Crucible failed miserably and was closed five months after the release. Many fear that the same fate awaits the problematic MMO New world, the release date of which has already been postponed repeatedly.

Read also: Eddie Murphy, Eddie Murphy and Wesley Snipes: Amazon showed the trailer for the movie “Trip to America 2”

Crucible failure undermined Amazon’s faith in New World? The company refused to release the MMO in 2023

Captain Shepard and his Citadel Remaster: Mass Effect Legendary Edition Preview

Add to our Telegram channel by the link or search for it manually in the search by name gmradost… There we publish, including what is not included in the news feed. Also subscribe to us in Yandex.Dzene, Twitter and VK. And don’t forget that we now have a dark theme and ribbon instead of tiles.