Don't blame Amazon (AMZN) for the nation's high unemployment rate after the company says it...

Don't blame Amazon (AMZN) for the nation's high unemployment rate after the company says it hired 28K new employees in the past year to bring its total headcount up to 65.6K. Too much, too fast? With an eye on margins, McAdams Wright Ragen analyst Dan Geiman says Amazon has received a pass for its high costs while it seemingly moves in every direction at once. (See: TV programming, high fashion), big data).

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Comments (2)
  • BriansGirl
    , contributor
    Comments (99) | Send Message
    Amazon also purchased a robot company. They intend to eventually lay off many of those people by using robots in their fulfillment centers. Amazon is anti American. They undercut prices on brick and mortar stores that actually employ many people, electronic stores, book stores, etc. They are putting many small to midsize and some large companies like Borders out of business while they "make" themselves look like they are supporting local communities. They don't collect sales tax, so they are not aiding states, and they will slowly and quietly replace people with computers.


    Amazon is a very quiet evil company. It plays on human laziness. Amazon profits are dwindling and personally I no longer shop there. I see what they are truly doing and I will not support it.
    17 May 2012, 08:19 AM Reply Like
  • biobat
    , contributor
    Comments (4849) | Send Message
    Don't blame Amazon for Border's failure. They failed to adjust to the time.


    As far as sales tax goes - if a company doesn't collect, it's your LEGAL responsibility to pay it.
    21 May 2012, 06:58 AM Reply Like
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