Amazon Saved a $1 Billion So Far With Corporate Travel Shut Down
Skift Take
The travel industry is clearly being dealt a blow by company travel bans, but could anyone have pictured an amount on this scale?
Like most companies, Amazon ordered employees to avoid non-essential travel earlier this year. The net result — so far — has been nearly $1 billion saved in corporate travel, internal travel, and travel expenses.
Brian Olsavsky, Amazon’s chief financial officer, revealed the savings during the company’s third-quarter earnings call on Thursday.
Overall, that quarter saw sales grow 37 percent compared to the same period last year. However, while th
