> Amazon estimates the price of labour, labour-related productivity costs and cost inflation was $2bn in Q3
https://www.theregister.com/2021/10/29/amazon_q3_2021/
It cost $2b-4b in labor to do ~$65.55b in sales. Their labor cost of revenue was 3-6%. Pretty far from 50%, wouldn't you say?
> Amazon estimates the price of labour, labour-related productivity costs and cost inflation was $2bn in Q3
https://www.theregister.com/2021/10/29/amazon_q3_2021/
It cost $2b-4b in labor to do ~$65.55b in sales. Their labor cost of revenue was 3-6%. Pretty far from 50%, wouldn't you say?