Book Depository

The online book seller announces its closure on social media, saying it will still honour orders placed in the coming weeks.

"This is such sad news. "However, given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount. "The overriding tenet of our annual planning this year was to be leaner while doing so in a way that enables us to still invest robustly in the key long-term customer experiences that we believe can meaningfully improve customers' lives and Amazon as a whole." "This made sense given what was happening in our businesses and the economy as a whole. You have made it possible to send books to my nieces and nephews in mainland Europe in spite of Brexit," another said. "Our vision is to provide all books to all by improving range, access and affordability of books," the website says.

The announcement was met with sadness by many of its customers from around the world.

As part of the shakeup, the company announced changes to its book business, including the decision to stop selling magazines and newspaper subscriptions on its e-book device Kindle. Thousands of Book Depository customers, including bestselling authors, reacted with sadness over the announcement. The news was met with sadness by many of Book Depository's customers from around the world.

The news comes as Amazon continues to lay off thousands of workers as it looks ahead to what its chief executive has described as economically uncertain ...

It comes as Amazon lays off thousands of workers, looking ahead to what it describes as economically uncertain times. In a message on its website, Book Depository said to customers: "We are sorry to let you know that Book Depository will be closing on 26 April 2023. The news comes as Amazon continues to lay off thousands of workers as it looks ahead to what its chief executive has described as economically uncertain times.

Online bookstore Book Depository is closing down after almost two decades. This comes amidst mass layoffs at its parent company Amazon.

Amazon.com Inc (NASDAQ:AMZN) has announced that UK-based online seller, Book Depository will be closing later this month, as the eCommerce giant continues.