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A comment on Amazon to hire 100k warehouse and delivery workers. Parent comment

Re:Amazon to hire 100k warehouse and delivery workers by ksec on Monday March 16, 2020 @08:47PM (#22600193)
>Even if they had that $10.4Bn, they could not get through Coronavirus. Airlines have HIGHLY volatile margins on INSANE amounts of revenue. None of them could withstand a 70% decrease in air traffic for a year.

Ignoring Tech industry, most companies on earth could not withstand a 70% drop in revenue. The world we are in today is that everyone is trying to go for Big Revenue and Slim Profit Margin. A side effect from QE or worsen by it.

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Re:Amazon to hire 100k warehouse and delivery workers by Marsymars on Monday March 16, 2020 @09:02PM (#22600318)
> Ignoring Tech industry, most companies on earth could not withstand a 70% drop in revenue.

How many tech companies have withstood a 70% drop in revenue? BlackBerry comes to mind.

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Re:Amazon to hire 100k warehouse and delivery workers by ehnto on Tuesday March 17, 2020 @02:20AM (#22602261)
The tech industry has plenty of companies with laughable revenue compared to their investment capital, I'm sure those will be fine.
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Re:Amazon to hire 100k warehouse and delivery workers by Marsymars on Tuesday March 17, 2020 @12:09PM (#22606331)
Not suggesting they won't be! I'm just curious about historical cases.
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Re:Amazon to hire 100k warehouse and delivery workers by derision on Tuesday March 17, 2020 @12:12AM (#22601576)
Maybe AMD?
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Re:Amazon to hire 100k warehouse and delivery workers by Marsymars on Tuesday March 17, 2020 @12:38AM (#22601727)
30% over 4 years from their peak. Still a pretty big drop. (RIM/BlackBerry has been a 95% drop over 9 years, and hasn't stopped yet, but looks to be levelling off.)
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Re:Amazon to hire 100k warehouse and delivery workers by yuliyp on Monday March 16, 2020 @09:53PM (#22600650)
Anything where there isn't something else limiting supply (prestige, luxury, brand, IP rights, network effects, zoning) is going to have slim profit margins. That includes most goods and commodities. That means that "Big Revenue and Slim Profit Margin" are going to be the companies providing commodity services to most people. If you want small revenue large profit margin air travel, you're looking at charter and luxury, for instance.
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