RE: Retail Death Spiral Continues

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Retail Death Spiral Continues

in retail •  7 years ago 

I just read somewhere that Jeff Bezos said that in the future the majority of people will be working for Amazon. I live near a distribution center that just opened up and starting wages are barely 75 pennies over min wage. Pretty sad since you'll be working for the richest man in the world.

retail
7 years ago by

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      ·  7 years ago 

    The rich don't get rich by paying the highest salaries to the lowest workers.

    Also, Amazon charges both buyers (Prime) and sellers (FBA or FBM) so they are making money both ways.

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        ·  7 years ago 

      I think Jeff Bezos is overly optimistic. Something better is always just around the corner. It was almost literally just yesterday when it was Walmart taking over the world.

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