The chief executive of Amazon’s consumer business will step down next month after more than two decades, the e-commerce giant announced in a blog post Friday and reflected in a regulatory filing.
CEO says restaurants ‘can’t compete’ with ‘virtual working’ trend
Sergio’s Restaurants president and CEO Carlos Gazitua argued on Wednesday that the food and retail industries “can’t compete” with the new “virtual working” trend.
Speaking on “Cavuto: Coast to Coast” on Wednesday, he also noted that the new trend has forced his industry to “look at automation and robotics as a tool” to offset pressure.
The president and CEO of the restaurants serving up Cuban food in Florida stressed that the worker shortage coupled with the new trend has been bad for business and further complicates the situation.
“We’re still 1.5 million shy of a workforce since 2020,” Gazitua said, noting that he also can’t compete with the new remote work trend.
“We just can’t get the workforce back into our industry,” he stressed.
HIGH INFLATION COULD BE ‘PAINSTAKINGLY SLOW’ TO COME DOWN