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Amazon halts construction of new warehouses in Spain until 2024 - El Confidencial

Published 09/19/2022, 05:45 AM
Updated 09/19/2022, 05:50 AM
© Reuters. FILE PHOTO: The Amazon logo is displayed on a sign outside the company's LDJ5 sortation center,  in the Staten Island borough of New York City, U.S. April 25, 2022.  REUTERS/Brendan McDermid

© Reuters. FILE PHOTO: The Amazon logo is displayed on a sign outside the company's LDJ5 sortation center, in the Staten Island borough of New York City, U.S. April 25, 2022. REUTERS/Brendan McDermid

MADRID (Reuters) - Amazon.com Inc (NASDAQ:AMZN) has suspended the construction of new warehouses in Spain until 2024, Spanish news website El Confidencial said on Monday, citing unidentified company sources.

El Confidencial said the U.S. e-commerce giant told its providers and partners to "wait and see" as pandemic-driven online shopping has slowed down.

Amazon said in an emailed statement to Reuters: "Our commitment to Spain remains."

© Reuters. FILE PHOTO: The Amazon logo is displayed on a sign outside the company's LDJ5 sortation center,  in the Staten Island borough of New York City, U.S. April 25, 2022.  REUTERS/Brendan McDermid

"In 2022, we have opened new logistics stations, Amazon Fresh hubs and a logistics centre (in Spain)," the company said, without elaborating.

Amazon said in June it planned to add 2,000 new jobs in Spain in 2022, taking its total payroll in the country to 20,000.

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A friend in construction supply chain for Amazon says no new builds are starting now in US after decades of hyper building.
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