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$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
by 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.