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