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For context: if Amazon were to use all of its profits from FY18 (~$11B) to pay its ~650K workers more, it would come out to just under $17,000 per worker.
by kyshoc 7y ago
For context: if Amazon were to use all of its profits from FY18 (~$11B) to pay its ~650K workers more, it would come out to just under $17,000 per worker.
- AnthonyMouse 7y agoI knew I should have been more specific to begin with. Last year was neither a typical year nor is that the profit from retail. https://www.thestreet.com/opinion/amazon-is-losing-money-from-retail-operations-14571703 https://www.thestreet.com/opinion/amazon-is-losing-money-fro... AWS makes good money, but you can't really expect them to use it all to subsidize retail (even more than they already do) forever.