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A comment on Amazon to Lay Off over 17,000 Workers, More Than First Planned. Parent comment

Re:Amazon to Lay Off over 17,000 Workers, More Than First Pl... by bumby on Thursday January 05, 2023 @08:45AM (#34259412)
Net profit margin is down 21% and diluted EPS is down 10% though. Increased revenue with decreased profit/earnings would indicate a loss of efficiency. I imagine layoffs are one signal to shareholders that they’re trying to get that efficiency back.
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