The are raising 350k employees wages:

https://apnews.com/222764a6535a4ce7a17c02c7405361f2/Amazon-r...

I am sure its going to cost them some money. Suppose they are going from 10 to 15 bucks. That 350k552*40 = 3.64 billion. They might not all be working 40 hours, but it kind of shows how much of an impact it will be be.

I think its a good thing. Companies like costco have shown you can pay your employees fairly and still make money.

You don't know that, why make things up just to dump on them?

Economies of scale alone gives them an advantage, however it's probable at minimum they know they won't need many more employees in the future - who can instead be supported by autonomous systems to manage increased throughput.

I wonder if anybody else remembers 2007 foxconn pledging to automate 90% of their factory workers out of a job when they started unionizing.