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Amazon Raises Hourly Wages at Cost of Almost $1B a Year
2 points
by
SamvitJ
over 2 years ago
3 comments
jfengel
over 2 years ago
For comparison: their revenue in 2021 was $470B, and the net profit was $33B.<p>So the company isn't exactly risking its bottom line here. They could double those raises and still come down to a rounding error.
bediger4000
over 2 years ago
Is this a good thing? Without the economic incentive of profit, job creators won't be able to create more jobs. Then where will we be?
togs
over 2 years ago
Saw a clip of someone from Idaho as I recall, explaining that his raise was $1.15 total.