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The extraordinary part is they are on pace to lose $10B just this year. Even back in 2018 [1] when they started the ramp, they were losing $5B/year. So in total
by npalli 4y ago
The extraordinary part is they are on pace to lose $10B just this year. Even back in 2018 [1] when they started the ramp, they were losing $5B/year. So in total they have lost about $35B (avg'ing) in the past five years.
[1] https://www.nytimes.com/2022/11/14/technology/amazon-layoffs.html https://www.nytimes.com/2022/11/14/technology/amazon-layoffs...