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Amazon is a trillion dollar company. There is no reason they can't pay $15/hour.
by s73v3r_ 8y ago
Amazon is a trillion dollar company. There is no reason they can't pay $15/hour.
- deleted 8y ago[deleted]
- mulmen 8y agoThat is a naive perspective that betrays a deep misunderstanding of both the stock market and operation of a business.
- erik_seaberg 8y ago$15/hour for 560K full-time employees would be $17B/year. Amazon shares are somehow a $1T commodity for speculators but the actual business clears $3B/year, so depending on how much of their SG&A today is labor they might truly be unable to sustain it.