Since its launch, “the program has not grown to create the impact that we had originally hoped,” the company said, adding that it will still “pursue and invest in other areas where we’ve seen we can make meaningful change” such as affordable housing, education and food-assistance programs.
The program’s closure comes after the e-commerce giant announced plans to cut 18,000 jobs and as numerous other technology companies are laying off workers amid global economic uncertainty. (Amazon founder Jeff Bezos owns The Washington Post.)
Over the years, the program generated tens of millions of dollars and distributed that money to organizations such as the American Society for the Prevention of Cruelty to Animals, St. Jude Children’s Research Hospital and the American Cancer Society.
The program’s donations increased steadily between 2013 and 2020, according to tax records. In 2013, the charitable-giving arm disbursed $10,000. Its distributions grew to more than $60 million in 2020.