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Amazon is more profitable than ever after a year of mass layoffs (finance.yahoo.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[-] UndercoverUlrikHD@programming.dev 6 points 9 months ago

That's generally how the economy works, unless you're in a recession...

this post was submitted on 02 Feb 2024

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