Amazon is more profitable than ever after a year of mass layoffs

L4sBot@lemmy.worldmod to Technology@lemmy.world – 205 points –
Amazon is more profitable than ever after a year of mass layoffs
finance.yahoo.com

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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