Amazon CEO Andy Jassy warns remote workers: ‘It’s probably not going to work out for you’
nypost.com
Amazon CEO Andy Jassy told employees who defy his edict to return to the office three days a week that “it’s probably not going to work out for you.”

Amazon CEO Andy Jassy warns remote workers: ‘It’s probably not going to work out for you’::Amazon CEO Andy Jassy told employees who defy his edict to return to the office three days a week that “it’s probably not going to work out for you.”

  • MooseBoys@lemmy.worldEnglish
    162·
    1 year ago

    used Amazon to order stuff to work from home

    Amazon makes almost no money on retail sales. They make their money from AWS and from advertisers.

    • ech0@lemmy.worldEnglish
      11·
      1 year ago

      Even better then. With people WFH companies move their on-prem servers and applications to the Cloud like AWS!

      No matter how you dice this Amazon is fucking itself

    • Takumidesh@lemmy.worldEnglish
      2·
      1 year ago

      Amazon had $220 billion in first party online retail revenue in 2022 $117 billion from 3rd party online retail $80 billion from AWS $37 billion from advertising.

      Retail is amazons primary source of revenue.

      Historically Amazon has used revenue from other segments to fund new ventures. AWS is profitable now, but it only came to be from the huge numbers that retail posts.

      If it was truly the case that retail has no value, it would have been ditched ages ago, but in reality, the retail segment of the company enables other segments to be profitable. High revenue gives you liquidity, and Amazon’s vast infrastructure network provides lots of other opportunities for the business.

          • MooseBoys@lemmy.worldEnglish
            1·
            1 year ago

            Nobody’s denying that retail enabled Amazon to get where they are today and continues to be an important aspect of the business. But the notion that increased retail demand due to remote work would be a major boon for the company’s bottom line is fundamentally flawed. If anything, sudden surges in demand tend to be costly, since their distribution network is tuned to be able to just barely meet expected demand.