Amazon Wants To Disrupt Another Market In Car Sales (NASDAQ:AMZN) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Amazon s strong numbers and positive outlook for the next quarter came after the company cut more than 27,000 employees in the last several months in one of the biggest job culls in the industry.
In 2019, Amazon pocketed $60 billion in seller fees and this year, its take will soar to $121 billion, according to the report titled Amazon s Toll Road by the Institute for Local Self-Reliance.