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by nickff
550 days ago
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Yes, though I am including delivery and support staff with warehouse workers (basically everyone who is working 'on the floor'). More than half of their employees are categorized as "laborers and helpers", and there are a number of other categories that seem similar. https://assets.aboutamazon.com/64/79/d3746ef14fd99cc6be94532... (I only found this after your latest comment). The largest categories of employees tend to dominate most companies' cost structures. I would like to run some numbers to see what the likely distribution is here, but the annual filings are quite sparse (in terms of income statement details), and I don't have the time to do an extensive analysis. |
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> Amazon estimates the price of labour, labour-related productivity costs and cost inflation was $2bn in Q3
https://www.theregister.com/2021/10/29/amazon_q3_2021/
It cost $2b-4b in labor to do ~$65.55b in sales. Their labor cost of revenue was 3-6%. Pretty far from 50%, wouldn't you say?