News for hackers. Stuff that matters.

A comment on Amazon staff laid off as tech giants cut costs, according to LinkedIn posts. Parent comment

Re:Amazon staff laid off as tech giants cut costs, according... by rapsey on Wednesday November 16, 2022 @11:29AM (#33625822)
Retail has no profits. AWS is the profit center.
[ Parent | on HN ]
Re:Amazon staff laid off as tech giants cut costs, according... by dbliss on Wednesday November 16, 2022 @12:36PM (#33627071)
and advertising
[ Parent | on HN ]
Re:Amazon staff laid off as tech giants cut costs, according... by bushbaba on Wednesday November 16, 2022 @01:46PM (#33628376)
Retail has no profit after all expenses. One of those expenses is Alexa
[ Parent | on HN ]
Re:Amazon staff laid off as tech giants cut costs, according... by lotsofpulp on Wednesday November 16, 2022 @02:35PM (#33629232)
What needs to be distinguished here is retail as in Amazon procuring and selling goods, or retail as in Amazon being a platform and another version of Aliexpress.

The former is a low single digit profit margin business, the latter probably has a decent profit margin.

[ Parent | on HN ]