Re:Amazon instructs New York workers “don't sign” union cards
by Retric on Saturday July 16, 2022 @10:07AM
(#32118252)
That’s assuming they keep their margins the same. The thing is Amazon isn’t manufacturing anything so their “thin” margins aren’t as sensitive to increased labor costs as 2-4% suggests.
Paying 18$ for something your selling for 20$ is a 10% margin, taxes and CC processing fees are similarly inflexible. So if 2-4% of the final price is profit then they could raise their internal costs by 10% and still be profitable.
Paying 18$ for something your selling for 20$ is a 10% margin, taxes and CC processing fees are similarly inflexible. So if 2-4% of the final price is profit then they could raise their internal costs by 10% and still be profitable.