{"id":149882,"date":"2022-11-10T13:24:21","date_gmt":"2022-11-10T19:24:21","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/11\/jeff-bezos-amazon-becomes-the-first-public-company-to-lose-1-trillion-in-market-value"},"modified":"2022-11-10T13:24:21","modified_gmt":"2022-11-10T19:24:21","slug":"jeff-bezos-amazon-becomes-the-first-public-company-to-lose-1-trillion-in-market-value","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/11\/jeff-bezos-amazon-becomes-the-first-public-company-to-lose-1-trillion-in-market-value","title":{"rendered":"Jeff Bezos\u2019 Amazon becomes the first public company to lose $1 trillion in market value"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/jeff-bezos-amazon-becomes-the-first-public-company-to-lose-1-trillion-in-market-value2.jpg\"><\/a><\/p>\n<p>Other tech companies are not far behind.<\/p>\n<p>Jeff Bezos founded <a href=\"http:\/\/Amazon.com\">Amazon.com<\/a> Inc., has achieved the unenviable milestone of being the first public company to lose a trillion dollars in market valuation, Bloomberg.<\/p>\n<p>How has Amazon stock fared in 2022?<\/p>\n<hr>\n<p>Sundry Photography\/iStock.<\/p>\n<p>Incidentally, Amazon was among the first few companies to cross the $1 trillion valuation in the first place, and the recent dip is a sign of the nervousness in the markets about the slowdown in the global economy, led by the U.S. In a bid to keep their costs down, companies like Meta have recently announced layoffs. However, Amazon has so far avoided a reduction in its headcount.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Other tech companies are not far behind. Jeff Bezos founded Amazon.com Inc., has achieved the unenviable milestone of being the first public company to lose a trillion dollars in market valuation, Bloomberg. How has Amazon stock fared in 2022? Sundry Photography\/iStock. Incidentally, Amazon was among the first few companies to cross the $1 trillion valuation [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-149882","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/149882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=149882"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/149882\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=149882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=149882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=149882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}