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So they are to run at a loss? Why not simply close down the warehouses and liberate these poor people from these terrible jobs?
by fuzz4lyfe 7y ago
So they are to run at a loss? Why not simply close down the warehouses and liberate these poor people from these terrible jobs?
- mikeash 7y agoWho said anything about running at a loss? I’m just stating that they can pay more by taking less of a profit, “the market” doesn’t stop them.
- fuzz4lyfe 7y agoThey only make $5000 per worker per year or so, given that the stock market has consistent returns of about 7% lately it's getting to the point that it would be better to put that money there was opposed to paying workers with it for such small returns.
- mikeash 7y ago$11 billion divided by 650,000 workers isn’t $5,000. In any case, the point is that they can pay more. You can quibble over the amount. You can argue about whether or not they should. But they can, in the same way that I can buy an entire truck full of peaches if I decided that would be a good idea.
- fuzz4lyfe 7y agoWe are back at run the warehouses at a loss. The profits from AWS have nothing to do with the guys packing boxes and moving the profits from there to them is running it at a loss.