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> Online retail North America booked $65.55bn in sales > Amazon estimates the price of labour, labour-related productivity costs and cost inflation was $2bn in
by vel0city 2y ago
> Online retail North America booked $65.55bn in sales
> Amazon estimates the price of labour, labour-related productivity costs and cost inflation was $2bn in Q3
https://www.theregister.com/2021/10/29/amazon_q3_2021/ https://www.theregister.com/2021/10/29/amazon_q3_2021/
It cost $2b-4b in labor to do ~$65.55b in sales. Their labor cost of revenue was 3-6%. Pretty far from 50%, wouldn't you say?