The closure of the London-based operation is likely part of a bigger overhaul for Amazon’s book business, which has already seen magazine and newspaper subscriptions removed from its Kindle eReader.Īmazon has slashed around 27,000 jobs in 2023 as it streamlines areas such as cloud computing, Twitch live-streaming and advertising.Ĭompany offices in areas like London, Madrid, Cape Town, and Chennai could all close – as well as fulfilment centres in the UK and Australia. “We are sorry to let you know that Book Depository will be closing … from all of us at we want to say thank you,” a statement on the group’s website read.īook Depository was created in 2004 by former Amazon employee Andrew Crawford, before it was purchased by the US firm in 2011. Customers will be able to continue with orders until midday on its final day of operations. The web-based bookshop is set to close on 26 April after running for nearly two decades.

All Rights Inc (NASDAQ:AMZN) has announced that UK-based online seller, Book Depository will be closing later this month, as the eCommerce giant continues to find ways to cut its costs. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.

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