MedCity News February 7, 2024
Amazon has eliminated “a few hundred” jobs across Amazon Pharmacy and One Medical, the company confirmed to MedCity News Wednesday. While some may believe this could lead to Amazon leaving healthcare, one industry expert said that would be an “overly simplistic” takeaway.
With Amazon making headlines for cutting hundreds of jobs across One Medical and Amazon Pharmacy, one industry expert said there could be a takeaway that Amazon is getting out of healthcare. But that would be an “overly simplistic” conclusion.
“The company did make a series of acquisitions, and I would expect it to some extent as they determine where there are overlaps amongst the various teams hired in or acquired in,” said Christina Farr, an investor at OMERS...