News for hackers. Stuff that matters.
Re:Whole Foods workers seek to unionize by s73v3r_ on Thursday September 06, 2018 @07:14PM (#17930467)
Amazon is a trillion dollar company. There is no reason they can't pay $15/hour.
Re:Whole Foods workers seek to unionize by erik_seaberg on Thursday September 06, 2018 @09:55PM (#17931339)
$15/hour for 560K full-time employees would be $17B/year. Amazon shares are somehow a $1T commodity for speculators but the actual business clears $3B/year, so depending on how much of their SG&A today is labor they might truly be unable to sustain it.
Re:Whole Foods workers seek to unionize by mulmen on Thursday September 06, 2018 @09:26PM (#17931205)
That is a naive perspective that betrays a deep misunderstanding of both the stock market and operation of a business.