Amazon to exit Quebec operations
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Amazon (AMZN) has announced plans to close all seven of its facilities in Quebec, impacting approximately 1,900 employees, according to Bloomberg. The closures will be implemented over a two-month period, with the e-commerce giant transitioning to a third-party delivery model in the province.
Notably, Quebec represents Amazon's only unionized workforce in Canada.
Market Domination hosts Julie Hyman and Josh Lipton break down the details, discussing why Wall Street remains bullish on the name.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
This post was written by Angel Smith
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