Amazon has taken the decision to close its UK-based online store Book Depositary.
The global online book retailer, which was acquired by Amazon in 2011, has offices in cities including Madrid, Cape Town and Chennai, as well as fulfilment centres in the UK and Australia.
Book Depositary said in a tweet: “We are sorry to let you know that Book Depository will be closing on 26 April 2023.”
The company added that users would still be able to place orders until midday BST on 26 April and that it would continue to deliver purchases and provide support for any order issues until 23 June 2023.
The news comes weeks after Amazon announced a further 9,000 job cuts across several regions of its business.
Chief executive Andrew Jassy said at the time the latest cuts, which came in addition to cuts made late last year, were in an effort to make the company’s operations “leaner”.
It was not immediately clear whether Book Depositary’s closure would lead to more job cuts across Amazon. National Technology News has approached Amazon for clarification.
Latest News
-
Ikea investment arm acquires AI-powered logistics firm to improve home delivery
-
Nobel Prize in Physics awarded to quantum research
-
Anthropic expands global operations to India
-
Revolut boss Nik Storonsky changes residence from UK to UAE
-
OpenAI buys AI investment tool Roi
-
Amazon pledges €1bn towards Belgium logistics expansion
.png)
The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.
The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories