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IMO, this is a genius move by AMZN - Cuts down on bad PR - Makes employees happy (while they dont get RSUs) - Make the employees genuinely skilled in operating
by calvinbhai 8y ago
IMO, this is a genius move by AMZN
- Cuts down on bad PR
- Makes employees happy (while they dont get RSUs)
- Make the employees genuinely skilled in operating semi-automation equipment
- Make competitors bleed, because either they pay $15 per hour or face the PR wrath, while trying to catch up with AMZN in terms of automation.
If you think for a moment that AMZN started replacing 90% of employees with automation, they can still afford to give $30 per hour, and get good PR, while making the competitors look bad for paying $20 per hour.
I hope this doesn't lead to a minimum wage law that requires AMZN competitors to pay $15 per hour. It'll only mean death to those competitors.
- dheelus 8y agoAMZN is also lobbying to raise the Fed minimum wage to $15/hr
- calvinbhai 8y agomakes sense right? Amazon goes for the kill with it's mostly automated warehouses, cashierless and automated checkouts to make life hard for a lot of retail and warehouse competitors
- prolikewh0a 8y agoSounds like a monopoly that needs a little breaking up. https://i.imgur.com/IC8Ehgh.jpg https://i.imgur.com/IC8Ehgh.jpg
- travmatt 8y agoThis is the sentiment they’re trying to stave off.
- alexgmcm 8y agoIsn't mostly automated, high-wage work what we want though?