Hacker News new | ask | show | jobs
by mswift42 1431 days ago
I'd like to point out that amazon is making ginormous profits, meaning increasing wages and ensuring safe working conditions would hardly make a dent in amazons revenue.
3 comments

Does Amazon retail make ginormous profits? Genuine question. I googled for a few minutes but, given the way the company is structured with regards to AWS, it doesn't seem simple (possible?) for an outsider to determine the margins on their retail operations.
From their last earnings release [0], their retail division lost 3 billion dollars last quarter.

[0]: https://s2.q4cdn.com/299287126/files/doc_financials/2022/q1/...

They're making profits off of AWS, not the ecommerce division.