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Amazon is one of the largest online retailers, and one of the largest vendors of compute capacity to other companies. They are better positioned to see a downtu
by twblalock 4y ago
Amazon is one of the largest online retailers, and one of the largest vendors of compute capacity to other companies. They are better positioned to see a downturn coming than almost anyone else. What makes you think they got it wrong?
- asdff 4y agoI don't think they got it wrong, I just think layoffs are foolish because staff generate the profits for your business. Does Amazon really need to cut costs? For 2022, revenue was up 15% year over year. The only thing bad going on with Amazon in this economy currently is their stock price, not their profitability or how much cash they have or how many workers they are able to afford.