I genuinely can't fathom these numbers. As in: it could be $25B or $250M and it would mean the same to me.
Does this materially impact Amazon?
I'm (really) not a fan of Amazon, but to me that's an existential amount of money. I don't think I've ever worked anywhere where that kind of money wouldn't be a "ok, I guess we're closing down, turn off the lights when you leave" situation, and I've worked at some large companies.
I'm not usually exposed to financials I guess but my burn rate for my last (very small) company was about $4-5M/y roughly. This amount of money would keep us all gainfully employed for about 500 years.
Losing out on 2.4% of profit isn't nothing. It's not an existential therat to the company, sure, but this seems a more real consequence for wrongdoing than many other penalties I've seen against companies over the years.
I genuinely can't fathom these numbers. As in: it could be $25B or $250M and it would mean the same to me.
Does this materially impact Amazon?
I'm (really) not a fan of Amazon, but to me that's an existential amount of money. I don't think I've ever worked anywhere where that kind of money wouldn't be a "ok, I guess we're closing down, turn off the lights when you leave" situation, and I've worked at some large companies.
I'm not usually exposed to financials I guess but my burn rate for my last (very small) company was about $4-5M/y roughly. This amount of money would keep us all gainfully employed for about 500 years.