Jeff Bezos's big statement in the midst of recession, know why he said not to buy house and car now, may have to repent
Know what Jeff Bezos said
Retrenchment by big companies in the world is a matter of concern. People are assuming that this is a sign of recession. Amidst these reports, a statement by Jeff Bezos, the world's third richest man, is attracting everyone's attention. He has said that in view of the current situation, people should avoid big expenses.
It is prudent to avoid investing now
He has said that the general public should refrain from taking any major decisions especially buying a car or a house or any kind of expensive item. This is because the Great Depression is coming. He has advised people to save their money. He said that American households should not invest in items such as a refrigerator, or a new car, to avoid a worsening economic situation.
At present, many companies including Amazon, Byjus, Facebook, Twitter have fired employees. People are troubled by such things and in such a situation how much they like the opinion of Jeff Bezos, it will be a matter to be seen.
Zomato company's co-founder Mohit Gupta gave the design
Mohit Gupta, co-founder of Zomato company, has resigned from the company. Information has also been given as to why he has done this. Zomato company gave this information in a statement on Friday. It has been said that co-founder Mohit Gupta has resigned from his post.
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