I own Amazon and feel they should be focusing on bottom line.
$120B in revenue but only $2B in profit. that sounds like its more worse than Walmart. Compared with Msft’s $50B rev and $17B profit. Ever wonder why Amzn fresh is not taking off? Very high prices. Costco is packed with shoppers while next door at Amzn fresh is empty. Shoppers want lower prices, not some $4/pound organic tomatoes or potatoes. Making the store like tech savvy will not allure shoppers if prices are high- how difficult to understand???
High time all techs including Amzn follow the suit of layoff. I strongly believe techs can do with 50% less staff. Too many workers at home are living on fat checks with no productivity. It’s time to let them go and cut costs at all levels
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