Amazon has become a people intensive business.
In 2010, Amazon generated over $1M in revenue per employee.
However, in 2022, it generated only $333K in revenue per employee, a drop of 67%!
This figure is more in line with a retail company than a tech company.
For e.g. revenue per employee in 2022 for
- Apple: $2.4M
- Walmart: $0.3M