The tech giant posted the largest quarterly operating income in its history on the back of cost-cutting and faster revenue growth in key divisions.

Amazon is more profitable than ever after a year of mass layoffs::The tech giant posted the largest quarterly operating income in its history on the back of cost-cutting and faster revenue growth in key divisions.

@diffusive@lemmy.world
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If you stop putting fuel in your car, the first few miles are very cheap i must say…

@Jumi@lemmy.world
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Haven’t ordered anything from their site for years and never felt better

@eleitl@lemmy.ml
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Almost all of it is AWS. Which has a what, a 30% margin? Your money at work.

@taanegl@lemmy.world
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Money for me, but not for thee

@AshMan85@lemmy.world
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eat the rich. regulate monopolies

Cutting to profitability. A tired and true way to make the books look good.

(Not a typo)

Till shit starts falling apart and then gradually customers get aggravated and move away to something else.

@Tronn4@lemmy.world
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Looking forward to this year’s layoffs/profits -amazon investors

@_number8_@lemmy.world
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i mean yeah duh. that doesn’t mean it’s right or good to do mass layoffs

And today I cancelled my prime membership and it feels great

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