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Definitely soft layoffs when it comes to Amazon. In their last earnings call, their AWS operating income increased $4billion to $9.3 billion, they said it's dr
by KoolKat23 2y ago
Definitely soft layoffs when it comes to Amazon.
In their last earnings call, their AWS operating income increased $4billion to $9.3 billion, they said it's driven by "our continued focus on cost control, including a measured pace of hiring."
That is a dramatic jump in returns, they will squeeze that until the gains from doing so are minimal, implying that specific cost base is then efficient.