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Much longer delivery times, angry customers, prime cancellations, tainting the brand, losing market share... Amazon's retail business has very thin margins. It
by missedthecue 5y ago
Much longer delivery times, angry customers, prime cancellations, tainting the brand, losing market share...
Amazon's retail business has very thin margins. It's not running at AWS margins.
- cookie_monsta 5y agoMy understanding is that "thin margins" has more to do with the way earnings are reported than anything else[1] But anyway, if the answer to workers who don't earn enough is always "switch jobs/work harder/work more" why is the answer to companies who don't earn enough never "switch industries/remodel your business"? [1] https://www.forbes.com/sites/stevendennis/2022/02/07/what-we-get-so-very-wrong-about-amazons-retail-profitability https://www.forbes.com/sites/stevendennis/2022/02/07/what-we...