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Amazon to shut down 'Try Before You Buy' rival to Stitch Fix

1. Amazon is discontinuing 'Prime Try Before You Buy' on January 31, 2025. 2. The shutdown aligns with cost-cutting measures by CEO Andy Jassy. 3. Amazon's layoffs exceeded 27,000 jobs since 2022. 4. Increasing use of AI features influenced the decision to end the service. 5. The service's limited scale contributed to its discontinuation.

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FAQ

Why Neutral?

Discontinuing a low-scale service may not directly influence overall revenue.

How important is it?

While significant, the discontinuation primarily affects operational aspects, not revenue.

Why Short Term?

Immediate impact from cost-cutting actions but long-term effects are unclear.

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