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Of course, this is following Amazon losing against hoisting a union election. Nothing to see here. Their loss. https://www.theregister.com/2022/09/02/alu_vic

Of course, this is following Amazon losing against hoisting a union election. Nothing to see here. Their loss. https://www.theregister.com/2022/09/02/alu_victory_amazon_union/ https://www.theregister.com/2022/09/02/alu_victory_amazon_un...

hirundo 4y ago
I don't find the surface explanation hard to accept. Amazon expanded aggressively during the pandemic to meet huge demand. Post-pandemic demand has contracted significantly and they are responding to that. It would require an explanation to their shareholders if they were not responding to events.
- bsder 4y ago
  I would also add that Amazon seems to be losing ground to competitors. I mean, I actually have bought things from Walmart online recently. They were literally the only source I could buy the stuff from online. So, not only has Amazon lost to counterfeiters, now they're even losing the battle on the "selection" front.
  - jet_32951 4y ago
    Amazon's losing it, here and there, on price as well. Their price for my cat's l-lysine supplement is 3/2 what it is from a well-known pet stuff supply. The price for my new sunglasses was matched by the manufacturer which also ships faster.
shaburn 4y ago
Or Could it by in addition to the recession "No Soft Landing Ahead to Save Stocks, Goldman’s Oppenheimer" https://www.bloomberg.com/news/articles/2022-09-02/no-soft-landing-ahead-to-save-stocks-goldman-s-oppenheimer-says/ https://www.bloomberg.com/news/articles/2022-09-02/no-soft-l... "Brace for ‘Recession Shock’ as Outflows Rock Equities, Bank of America Says" https://www.bloomberg.com/news/articles/2022-09-02/bofa-says-brace-for-recession-shock-as-outflows-rock-equities/ https://www.bloomberg.com/news/articles/2022-09-02/bofa-says...
legitster 4y ago
Is the insinuation here that Amazon is forgoing business in a dozen different locations... as a form of retaliation against completely unrelated workers? Or that unionizing affects their bottom line profitability enough to start cancelling operations?

hirundo 4y ago

I don't find the surface explanation hard to accept. Amazon expanded aggressively during the pandemic to meet huge demand. Post-pandemic demand has contracted significantly and they are responding to that. It would require an explanation to their shareholders if they were not responding to events.

bsder 4y ago
I would also add that Amazon seems to be losing ground to competitors. I mean, I actually have bought things from Walmart online recently. They were literally the only source I could buy the stuff from online. So, not only has Amazon lost to counterfeiters, now they're even losing the battle on the "selection" front.
- jet_32951 4y ago
  Amazon's losing it, here and there, on price as well. Their price for my cat's l-lysine supplement is 3/2 what it is from a well-known pet stuff supply. The price for my new sunglasses was matched by the manufacturer which also ships faster.

shaburn 4y ago

Or Could it by in addition to the recession "No Soft Landing Ahead to Save Stocks, Goldman’s Oppenheimer" https://www.bloomberg.com/news/articles/2022-09-02/no-soft-landing-ahead-to-save-stocks-goldman-s-oppenheimer-says/ https://www.bloomberg.com/news/articles/2022-09-02/no-soft-l... "Brace for ‘Recession Shock’ as Outflows Rock Equities, Bank of America Says" https://www.bloomberg.com/news/articles/2022-09-02/bofa-says-brace-for-recession-shock-as-outflows-rock-equities/ https://www.bloomberg.com/news/articles/2022-09-02/bofa-says...

legitster 4y ago

Is the insinuation here that Amazon is forgoing business in a dozen different locations... as a form of retaliation against completely unrelated workers? Or that unionizing affects their bottom line profitability enough to start cancelling operations?