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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 237.58-2.7%Nov 13 3:59 PM EST

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To: H James Morris who wrote (115878)1/20/2001 1:27:09 PM
From: Alomex  Read Replies (1) of 164684
 
The Bellevue-based online pharmacy is cutting 125 of the 550 positions it has, despite upbeat reports of its performance during the holiday season. In October, the company cut 60 jobs

Where exactly are the efficiencies of e-commerce when an online drugstore has 550 employees? And it they can let go 185 of them, why did they hire them in the first place?

IMHO one of the things this crazy market created was a hiring frenzy that made profitability harder to achieve....
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