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Why would you expect anything else? Amazon is a logistics company like UPS; if Bezos didn't squeeze every last drop of profit from their employees it wouldn't b
by HarryHirsch 6y ago
Why would you expect anything else? Amazon is a logistics company like UPS; if Bezos didn't squeeze every last drop of profit from their employees it wouldn't be world-dominating.
- nicoburns 6y agoThe world-dominating is largely a negative from my perspective: it pushes it's smaller competitors out of business which decreases the competitiveness of the market and extracts profits/wealth out of local communities where it would likely be spent productively into the pockets of Jeff Bezos and Amazon investors where it is not nearly so useful.
- HarryHirsch 6y agoI agree with every word you say.
- sempron64 6y agoThe services they provide have been of incomparable quality to any other offering in the US. They made free 2-day shipping and free returns the baseline. Amazon lockers provide online shopping opportunities to those not privileged to own a house with a secure front yard (I do wish shipping to amazon lockers was possible from other online-only retailers). And in truth the vast majority of amazon’s income is still invested back into the salaries of its workers and building infrastructure — they have notoriously thin profit margins outside of AWS. Bezos’ fabulous wealth comes from stock. Edit: I’m not affiliated with amazon and my acquaintances had very stressful experiences working there. But as a customer I really appreciate their service
- pmoriarty 6y ago"Bezos’ fabulous wealth comes from stock." Stock ownership should be illegal.
- chungus_khan 6y agoIn Canada it is possible to order online directly to any post office via a special address and pick up there for free. This is IMO a much better solution because post offices are already necessary and present everywhere, and individual retailers don't have to support the option to ship to them.
- neaden 6y agoJeff Bezos has made 90 billion dollars during the pandemic. He does not need to squeeze every drop of profit.
- HarryHirsch 6y agoThing is, he does. Else his wealth would quickly evaporate, and he'd be like the CEOs of Fedex, UPS & suchlike. The fact that most of his wealth is in stocks doesn't help.