Sarfbot

Sarfbot t1_j2fijfj wrote

Reply to comment by aka0007 in AMZN is a buy. by Adossi

I don’t disagree that OPs list is useless. You also brought up good points which I mostly agree with.

  1. One callout is that Alexa was a $6B+ cost losing business. They’ve cut down Alexa and devices investments completely.
  2. The pendulum of “growth vs cost efficiency” has fully swung towards efficiency now. With Andy’s recent email confirming cost cutting and layoffs in Q1 and possibly throughout the year, Amazon will be profitable. No doubt in my mind.

As large as Amazon is, I truly don’t know a more nimble tech company. When pressures to increase minimum wage rose, they made the decision literally over the weekend to raise their minimum wage to $15/hr. Friday the motion was discussed, Monday it was announced and the following week it was instated. For reference, Target and Disney committed to the same goal but said they’ll need 1-2+ years to implement this.

Another reference is the year before pandemic. They had pivoted to cost cutting and increased their EPS to $14/share, from negative EPS six quarters straight.

1

Sarfbot t1_iqx43sd wrote

Bahahahah please talk to actual workers. This is hilarious.

  1. Anyone that has worked in transportation industry knows you tend to carry a bottle for when you are stuck in traffic. This is industry practice, has been ever since long haul trucking became a thing. Everything you have in your home contributes to it. Including things you buy from small businesses. Why single out Amazon?

  2. close to wearing diapers? Lmao. Please find another cause to get behind. Bless your heart, this isn’t real. Go talk to actually Amazon workers, there’s half a million of them. Go visit the Reddit page AmazonFC. You can find many threads comparing Amazon work vs other warehouse work and they are overwhelmingly in favor of Amazon.

You have a good heart and care for others, but are being taken on a ride by shotty click bait “journalism”.

0

Sarfbot t1_iqx3ikk wrote

Honestly 8/10 points are BS and show a deep level of ignorance. Journalism has gone to shit.

-Ordering from Amazon is BY FAR the most environmentally favorable way of engaging in consumer retail. Each truck on the road replaces 35+ cars. Amazon also has the most aggressive carbon neutral target out of any retailer.

-Treatment of workers getting worse? Tons of threads in the actual Amazon FC Reddit page comparing work at Amazon vs other warehouses. They are overwhelmingly positive. Yes, lots of posts asking for more $ (latest wave is asking for $30/hour for sort and pick). FYI Average starting pay is now $18.50/hour. How does Amazons compensation compare with similar work?

0

Sarfbot t1_iqx23m8 wrote

For real. I worked in small businesses growing up. We got paid in cash, no overtime, no insurance, no taxes. People don’t realize large public companies are infinitely more regulated and monitored then small businesses.

Also, ordering from Amazon is by far the most environmentally sustainable form of consumer retail. But…. We are not ready to have that conversation.

3