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A comment on Amazon raises minimum wage to $15 for all US employees. Parent comment

Re:Amazon raises minimum wage to $15 for all US employees by nebulous1 on Tuesday October 02, 2018 @09:39AM (#18121510)
Isn't that due to their currently loss-making Amazon Studios though?
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Re:Amazon raises minimum wage to $15 for all US employees by austenallred on Tuesday October 02, 2018 @09:56AM (#18121650)
It’s due to the fact that any ounce of profit they would have they instead re-invest into the business.

Which, by the way, is (part of) why they’re so dominant.

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Re:Amazon raises minimum wage to $15 for all US employees by ryandrake on Tuesday October 02, 2018 @11:56AM (#18122822)
Another chart showing what Amazon has been doing:

https://infographic.statista.com/normal/chartoftheday_4298_a...

Net income doesn’t do that naturally or by accident.

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Re:Amazon raises minimum wage to $15 for all US employees by ams6110 on Tuesday October 02, 2018 @02:40PM (#18124427)
Agree, and in any other situation we'd be praising this. They're investing in the future, looking beyond the next quarter, etc.
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Re:Amazon raises minimum wage to $15 for all US employees by ionised on Wednesday October 03, 2018 @05:51AM (#18128830)
Investing in the future is great.

Doing so while exploiting workers and dubious tax arrangements is not.

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