Employees at Amazon's New NYC Warehouse Launch Unionization Push

Re:Employees at Amazon's New NYC Warehouse Launch Unionizati... by krapp on Wednesday December 12, 2018 @06:58AM (#18663149)

>Guys, i suggest looking at some of these companies balance sheets. In many cases (Walmarts, McDonalds...) even a small 5% pay raise for all employees would eat every single penny of profits.

Is this the conclusion you reached after reading Amazon's balance sheets? If so, would you mind sharing your research?

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Re:Employees at Amazon's New NYC Warehouse Launch Unionizati... by zeroname on Wednesday December 12, 2018 @07:21AM (#18663276)

I've actually looked at it, taking all $3 billion of Amazon's 2017 profit and dividing it among its 500,000 employees adds up to 6000$.

To be fair though, they aren't making money on fulfillment really, they're cross-subsidizing it with their more profitable segments which also do not require that many workers. In that sense it isn't comparable with Wal-Mart and McDonalds.

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Re:Employees at Amazon's New NYC Warehouse Launch Unionizati... by jammygit on Wednesday December 12, 2018 @01:22PM (#18666290)

I used to work in warehouses, years ago. Even $1000 would have meant an extra trip to the dentist that year and maybe some new clothes more than once per 2 years.

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