Re:Amazon raises minimum wage to $15 for all US employees
by nostromo on Tuesday October 02, 2018 @11:02AM
(#18122321)
I think this is a calculated move against Walmart.
Amazon could easily survive in a $15 minimum wage environment, but it'd be a much larger blow to Walmart (which employs many times more low wage workers), which would have to increase prices or reduce profitability.
"Your margin is my opportunity" - Jeff Bezos. This quote also works when thinking about raising your competitors' expenses.
Amazon could easily survive in a $15 minimum wage environment, but it'd be a much larger blow to Walmart (which employs many times more low wage workers), which would have to increase prices or reduce profitability.
"Your margin is my opportunity" - Jeff Bezos. This quote also works when thinking about raising your competitors' expenses.