Amazon Will Take Years to Recover From a Warehouse Overbuilding Binge During the Pandemic.

Business Insider, Jan 5, 2023–Eugene Kim (subscription)
Amazon saved up to $4 billion in 2022 by canceling or delaying warehouse openings. The company scaled back warehouse expansion last year in the face of an economic downturn.
https://www.businessinsider.com/amazon-warehouses-overbuilding-years-to-recover-walmart-2023-1