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Check Out Line: Amazon’s board shrinks
Check out the downsizing at Amazon.com.
No, no, it’s not a big corporate layoff. But the e-commerce giant is cutting the size of its board of directors by 12.5 percent.
Of course, once you’ve lost the part of “the center of gravity in the Internet,” why even try to replace him.
That phrase is what Amazon CEO Jeff Bezos is quoted as calling John Doerr and Kleiner Perkins Caulfield & Byers, the Silicon Valley Venture Capital firm where he is a partner.
Amazon said in March that Doerr, who has served on the board for 14 years, will not stand for reelection.
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