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I'd like to point out that amazon is making ginormous profits, meaning increasing wages and ensuring safe working conditions would hardly make a dent in amazons
by mswift42 4y ago
I'd like to point out that amazon is making ginormous profits, meaning increasing wages and ensuring safe working conditions would hardly make a dent in amazons revenue.
- antisthenes 4y agoThey're making profits off of AWS, not the ecommerce division.
- mh- 4y agoDoes Amazon retail make ginormous profits? Genuine question. I googled for a few minutes but, given the way the company is structured with regards to AWS, it doesn't seem simple (possible?) for an outsider to determine the margins on their retail operations.
- mrep 4y agoFrom their last earnings release [0], their retail division lost 3 billion dollars last quarter. [0]: https://s2.q4cdn.com/299287126/files/doc_financials/2022/q1/Q1-2022-Amazon-Earnings-Release.pdf https://s2.q4cdn.com/299287126/files/doc_financials/2022/q1/...