Amazon is more profitable than ever after a year of mass layoffs::The tech giant posted the largest quarterly operating income in its history on the back of cost-cutting and faster revenue growth in key divisions.
If this isn’t a sign for Amazon workers that their contribution is undervalued even at their current compensation, I don’t know what is. For fucks sake, unionize and become millionaires!
eat the rich. regulate monopolies
Cutting to profitability. A tired and true way to make the books look good.
(Not a typo)
Till shit starts falling apart and then gradually customers get aggravated and move away to something else.
And today I cancelled my prime membership and it feels great
Almost all of it is AWS. Which has a what, a 30% margin? Your money at work.
If you stop putting fuel in your car, the first few miles are very cheap i must say…
i mean yeah duh. that doesn’t mean it’s right or good to do mass layoffs
Haven’t ordered anything from their site for years and never felt better
That’s generally how the economy works, unless you’re in a recession…
Looking forward to this year’s layoffs/profits -amazon investors
Money for me, but not for thee
