This doesn’t mean anything. Markets mature and margins decline. All firms have to compete for labor, and the market for labor has tightened. However during an i

This doesn’t mean anything. Markets mature and margins decline. All firms have to compete for labor, and the market for labor has tightened. However during an inflationary environment it’s pretty easy to raise prices. They’ll eventually build higher labor costs into their financial projects and pass along some of the costs. Shareholders probably won’t care much, because Amazon is still a good investment.